Exchange rates of cryptocurrencies at an exchange office in Seoul, South Korea
Exchange rates of cryptocurrencies at an exchange office in Seoul, South Korea, in December 2017.
  • A Spanish man accused of teaching North Korea to use crypto rejected the accusations.
  • Alejandro Cao de Benós said his passport was confiscated 7 years ago, preventing foreign trips.
  • "I have never been a fugitive," he said in a statement, calling the accusations "totally false."

A Spanish man pushed back against accusations that he was teaching North Koreans how to evade US sanctions using cryptocurrencies.

In a strongly worded statement, Alejandro Cao de Benós said his passport was confiscated seven and a half years ago by Spanish authorities, making any foreign trips, and therefore his presence in North Korea, impossible.