Cashout Crypto (7 digit amount) in a country where crypto are strictly prohibited

Would you be OK cashing out the crypto and depositing it in a foreign bank? For example, you could find a crypto friendly bank, open a personal account there, and cash out your crypto into that account. SEBA, Sygnum, Frick, Swissquote, and various EMIs such as Verifo and Bankera are crypto friendly.

Have you paid tax on your gains? Can you? That would solve the next headache.

You may run into issues if you start bringing that money home to where you live, or when your home country receives information under CRS about the bank account where your fiat now sits.

Alternatively, relocate somewhere for a while (1”“3 years), cash out the crypto, and then move back home if you want.

A lot depends on how aggressive the regulator and law enforcements are in your home location.

A 7-figure number is going to draw attention no matter how you go about it, unless it's a normal part of your day to day economic profile. The best you can do is find a way to cash out where such attention can be easily and legally addressed.

What kind of high risk ecommerce? So long as it's not illegal, proof of high risk ecommerce is better than no proof at all.

You mention North Africa. If your passport isn't difficult (mainly Libya), you could try opening an account with one of the banks I mentioned. If you can solve the source of funds, then you could cash out your crypto and deposit the fiat with those banks. Then withdraw six-figure sums from your personal account in for example Switzerland to your home bank.

Understood. Without knowing the full circumstances, I'd still try to position the income as legitimate. Instead of saying it was an IPTV business, you could say web hosting business or something somewhat related. Then you can go to different lengths to retroactively build up this explanation.

Another option is to set up a company which offers some generic service. Over a period of a couple of months or years, you invoice bits of the crypto balance to the company. Eventually, the company declares a dividend and you get your money out that way.

If your tax authority is lenient or underfunded/incompetent, this could be done with very little effort and risk. However, if you want to do it a little more safely, invest in some substance for the company (local director, maybe a token employee). You want your income to look like legitimate dividends from a legitimate business.