In other words, the same way people have dodged currency controls and sanctions since time immemorial.

"The sender gives money to an...agent and his/her counterpart in the receiver region/country acts as deliverer of this money. The sender calls or faxes instructions to his counterpart and the money gets delivered in a matter of few hours. In the past, the message could be delivered using couriers, with men or even animals (such as pigeons). Settlements are made either with a private delivery service or wire transfer in the opposite direction. Another method of balancing the books is to under-invoice goods shipped abroad, so that the receiver can resell the products at a higher market price"

Ukraine? Use a bank. Or maybe PayPal? My parents are also still sending remittances to Ukraine.

Lebanon, Iran, Venezuela? Probably Hawala, or maybe through China or India, but you'll probably get a more detailed answer from an ex-pat.

I will also point out that shitcoins and NFTs and the various pyramid schemes that are currently unraveling aren't a solution to this problem.

In fact, they only solve the problem of transferring money from the pockets of the greedy and financially illiterate to the pockets of the greedy and financially literate.

Also any of these hypothetical people that put their money in crypto just lost a significant chunk of their life savings.

Despite very little knowledge about crypto or conventional finance, what I've read about USDT suggests it has to collapse sooner or later.

I get this sense that people assume if there is some questionable stuff reported, and nothing happens, it must have been FUD. Like fast decaying radioactive waste, it has a half-life.

But when an organization has always made excuses for why they can't be audited, and tried to confuse people about whether they have been, it never becomes ok.

There was a lot of fallout beyond Enron, either directly because of Enron's collapse or indirectly because all of a sudden people looked a little harder at corporate accounting in places where there had been strong scents of financial BS.

In short, if we're using Enron as a comparison point, we're talking about systemic shockwaves through two systems (power industry & corporate accounting)