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/biz/ - Business & Finance

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54917565 No.54917565 [Reply] [Original]

My dad had a undeclared bankaccount that i cannot inherit. I have authorization on it though. Could i just buy btc with that money somehow? On my exchange it didnt work bc it was not my bank account. I tried private p2p dealers but with big amounts they want to do kyc also and dont allow third party payments. What do???

>> No.54917581

i want lolis to call me daddy

>> No.54917585

>>54917565
If you're an authorized user you should be able to just withdraw the money at the bank, or just use an ATM right?

>> No.54917598

how much money?

>> No.54917604

>>54917585
No its way way to much for that. Withdraws are caped at 100k per year

>> No.54917605

>>54917585
At BofA authorized users can withdraw any amount they want

>> No.54917616

>>54917604
Oh that's a lot. Call the bank tho because authorized users have full access

>> No.54917630

>>54917605
Im not in the usa and sending that on my account will be inheritance tax fraud and stuff

>> No.54917646

>>54917565
is your dad still alive? tell him to open a crypto account with his ID

>> No.54917658

>>54917630
Why would it be inheritance tax fraud if you're an authorized user? Is the account willed to someone else and you simply have access?

>> No.54917668

>>54917658
You're leaving out a lot of details here OP

>> No.54917681

>>54917658
Its not really willed to anybody. It was his second account that he never paid taxes on... im the only one who knows about this account

>> No.54917801

>>54917681
If you're an authorized user and/or next of kin it's your money. I'm not sure what inheritance related taxes or whatever would ultimately be involved, you should probably speak with an attorney. But, otherwise you should ultimately be entitled to it.

>> No.54918248
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54918248

>>54917801
I dont know what cut the gov would take from it. And i dont even want to know. Or deal with legal stuff. Cant i just buy btc with it somehow? Would do that anyway with most of it

>> No.54918989

Need to know

>> No.54919091

>>54918989
just report that account, pay the taxes and be done with it. otherwise you withdraw everything in cash and buy 1000$ at a time at crypto atm with high fees

>> No.54919298

>>54918248
>>54917565
U a tranime

>> No.54919604

>>54917565
it sounds like your dad may have passed... if so sorry.
Anyways. this would be illegal so DONT DO THIS
BUT....
if you have his drivers license you could probably just KYC your dad and the withdraw it all the funds asap when they clear

>> No.54919651

>>54919298
Go the fuck back where you came from.

>> No.54919995

>>54919091
>just report that account, pay the taxes and be done with i
not a taxcuck
>otherwise you withdraw everything in cash and buy 1000$ at a time at crypto atm with high fees
it is to much for that

>> No.54920527

bump

>> No.54920661

>>54920527
help me out

>> No.54922257

>>54920661
......

>> No.54922950
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54922950

>>54917565
Connect his credit card to a Metamask or Coinbae wallet, buy a bunch of stables and then connect it to fkin Uniswap, then buy a bunch of PLEB and make a shit ton of money
Giving your dad his money back is totally optional