What’s preventing regimes like NK from withdrawing their foreign assets before they do controversial stuff, to stop them from being frozen?

Question

What’s preventing regimes like NK from withdrawing their foreign assets before they do controversial stuff, to stop them from being frozen?

In: 14

Answer 1

Where are they going to keep it?

No one’s going to convert it to gold and ship it to them (even if it was possible). Or convert to $100 bills? You’d need shiploads, and who’s going to print them for the North Korean regime?

See:

https://www.businessinsider.com/this-is-what-315-billion-worth-of-gold-looks-like-2012-12

https://www.wired.com/video/watch/this-is-what-250-billion-actually-looks-like

ELI5: all money is electronic these days; there are no physical things that they can “take back” and squirrel away.