In practice it is anything but easy.

Koreans are banned from using western exchanges. In fact, withdrawing money from South Korea at all is virtually impossible (CCN article). This applies for any regular citizen.

The Inside Man

Earlier in 2017 I co-lead a Norwegian clan in the mobile hit game Clash Royale. The other guy, Kim, quit recently, but I knew and trusted him from months of joint leadership. He was also Korean, and Norwegian…

A phone call later — well, “a call” first, then several long and gradually more excited ones, then hours and hours of chatting, googling and testing — until we had it all figured out.

Kim wasn’t only a dual citizen, he also owned several export firms in Korea. This unique mix made him one of very few people actually allowed to move substantial amounts of cash out of Korea.

With my idea and his position the stage was set. We agreed to split all profits fair and square, 50/50, and fabled of a luxurious holiday together in Asia the following summer.