When governments try to freeze assets or block financial access, sanctions circumvention, the act of evading legally imposed financial restrictions using alternative systems. Also known as financial evasion via crypto, it’s become a real-world tool for individuals and state actors alike trying to move money outside traditional banking. Crypto doesn’t need banks, doesn’t need permission, and doesn’t always leave a paper trail—making it a powerful workaround when traditional finance shuts the door.
It’s not just theory. In 2025, North Korean hackers stole $1.5 billion from Bybit, using crypto to launder funds and avoid detection. That same year, the SEC fined companies over $5 billion for helping unregulated entities move assets in ways that skirted international rules. Meanwhile, countries like Nigeria and Turkey now have strict crypto laws, yet users still find ways to trade—sometimes legally, sometimes not. Governments are fighting back with crypto asset forfeiture, the legal seizure of digital currency from criminals or sanctioned entities. Also known as crypto seizures, this is now a standard tactic for the U.S., EU, and UK. The U.S. Treasury has held onto over $1 billion in seized Bitcoin, not selling it but keeping it as evidence or leverage. And in places like Iran and Russia, people use decentralized exchanges and privacy coins to trade despite U.S. sanctions.
It’s messy. Some use crypto to survive—buying food or medicine when their country’s currency collapses. Others use it to fund weapons or evade justice. The same tools that give freedom to the oppressed also give cover to the dangerous. That’s why the posts below don’t just talk about coins or exchanges—they show you the real players: the hacked exchanges, the seized wallets, the banned platforms, the airdrops tied to sanctioned actors. You’ll see how PirateCoin☠ and POOH coin are used in shady circles, how Kalata and CELT airdrops vanish into black holes, and why exchanges like Cryptal and BITKER got shut down or flagged. This isn’t about speculation. It’s about understanding the hidden infrastructure behind money that refuses to be controlled.
Iran uses Bitcoin mining to bypass sanctions and fund critical imports, turning cheap electricity into foreign currency through a state-controlled system that keeps crypto out of citizens' hands but fuels its economy.