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/biz/ - Business & Finance

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16403342 No.16403342 [Reply] [Original]

I just got an email from my bank asking for proof of funds. Thing is.. these are all cash withdrawals from crypto and God knows how many trades I've done, there is no way in hell I can provide all of that shit + some of them are on exchanges that are now dead (i.e. Bitgrail).
Wtf do I do /biz/ anons? Do I ignore the email and hope they forget (lol)? Do I send a dick pic (it's a female asking for this info)? Please help, I'm literally sweating over here

>> No.16403399

Google CPA along with your local area. Pick one. Set up an appointment.

>> No.16403407

>>16403342
Just tell them you are a crypto guru..
Send some edited tx, not yours ofc, and they'll let you off the hook

>> No.16403417

dont under no circumstance admit to "crypto" or even mention the words crypto or bitcoin it or whatever the fuck
go radio silent and try again just before xmas break in the meantime come up with some ebay store or fagshipping shopify

>> No.16403419

>>16403342
The most probable reason why a bank sent a POF to you, is one of the exchanges you used is suspected of being involved in something dirty. Which means they've already alerted the government of the country you reside in, it's the law, they have to.

>Do I ignore the email and hope they forget (lol)?

This is how children think. This is adult stuff. Time to put on the big boy pants and give the bank what they're asking for.
Get used to sweating, btw.

>> No.16403430

Just don't do anything.
>get rid of your mailbox (you aren't required by law to have a mailing address)
>don't ever answer phone calls
>stop checking out email
From here on out only communicate with people via snapchat and telegram

>> No.16403434

>>16403419
It's from Kraken, they must be reputable. And thing is they asked for info only for 2019, but I've been in this shit from summer 2017. If I send trade history only for 2019 it won't make any sense..

>> No.16403438
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16403438

>>16403430
Without a mailbox all mail is returned to sender.

>> No.16403450

>>16403438
>>16403430
I haven't done this yet, but once my parents croak and I get my big check I'm doing all of this. It's basically living like a modern day mob boss. Now is that childlike? Nope. It's based.

>> No.16403452

>>16403342
what is proof of funds? proof you have funds? the funds are in your bank account. cant they see that?
i dont understand what they want

>> No.16403462

>>16403452
Basically they want to make sure you're not into money laundering and are doing legitimate business

>> No.16403465

>>16403452
Kek. What would a cpa do? You're just going to pay him $10k and hand over all your passwords and accounts.. Fuck that. Just ghost them OP. Find a new bank, a new exchange.

>> No.16403482

>>16403462
ok but what does the bank want him to show them? his crypto wallets? his exchange accounts? screenshots of exchanges? i dont get it

>> No.16403535

>>16403342
How does this even happen? I’ve always sent money back and forth, and no one blinks an eye.

>> No.16403596

>>16403342
>dick pic
You know what must be done.

>> No.16403740

>>16403535
POFs are usually requested, like a mortgage company will request a POF from a buyer, to prove they can make their payments. When a bank requests one, they got red flags somewhere in the transactions they're seeing.
It's pretty fact specific, in terms of what the bank is asking for, and why. And the bank isn't going to tell you what they see, and what triggered them.
If the OP did nothing wrong, he's got nothing to sweat. Me? I'd probably pay a tax attorney a hundred bucks or whatever their flat hourly rate is to run it by them, and see what they think. They'll say comply - and the OP should, because an adult would, unless he's into some shady shit, and he knows it. But a tax attorney would have more experience with what a bank might be seeing.
A POF isn't a legal issue. You can ignore it, and all the bank can do is ask you to take your business elsewhere. It's not a court order, or anything. But 100% the government has been notified, they have to, per banking laws, report anything that makes them send out a POF. If the Feds start asking for documents, lawyer up.