"It's hard" to move billions of dollars in cryptocurrency, Redbord said. Some oligarchs may turn to cryptocurrency, but it may not be their first choice. Redbord, who worked at the US Treasury Department before joining TRM, said crypto could be part of the sanctions evasion strategy, but added that oligarchs already have a complex set of tools they could turn to. in the first place to preserve their wealth, including the use of shell companies and the purchase of luxury art.