How to cash out millions

[Anonymous No.21378722]

okay, a lot of us who got in link 3 years ago have close to or well above a million dollars.

How do we legally get funds into a bank account without having it frozen?

I have $2mm at the moment and plan on selling 10% of my stack when we hit $200 or so, but I'm scared shitless and feel like a criminal even though I've done nothing wrong besides buy link a while ago

[Anonymous No.21378795]

you should be scared. we werent supposed to know about link, anon.

[Anonymous No.21378854]

>>21378795
I know. Banks will do everything to get their hands on our money even though we earned it legally, it sucks but thats reality.

I read in another thread about setting up an llc in some tax haven company and transferring custody of my link to that company before cashing out, but I have no idea how to even begin doing that

[Anonymous No.21378864]

>>21378722
Make sure you let your bank know in advance you're going to be sending money to it otherwise they'll freeze your account and than it risks being seized cuz muh terrorism or whatever excuse they give. others will be along shortly to go into more details

[Anonymous No.21378988]

>>21378722
dont forget about the monthly fees if u have over 250,000 in one bank

mo money mo problems :(

[Anonymous No.21379040]

1, convert to bitcoin
2, use bitcoin to buy <1940s gold coins on JM bullion
3, have the gold delivered to parents
4, brutally murder parents
5, claim gold as inheritance
6, money washed

[Anonymous No.21379105]

>>21379040
From extortion to murder charge nice

[Anonymous No.21379178]

>>21378722
First try to find a fiscal laywer, one with experience regarding crypto. Ask them what the best steps are. Next open multiple bank accounts with banks that are not linked with each other. Do a few more small deposits. Then contact the bank and ask for the large dump.

Glad you made it anon, you deserved it. Wished my hands where that strong.

[Anonymous No.21379284]

>>21378722
1. Cash out on coinbase pro or some other exchange that goes back to fiat.

2.sign up for exchange accounts like revoult and TransferWise. Link them to your fiat bank account

3. Verify those accounts with transfer to coinbase, send from your exchange account to coinbase. (probably much easier in US than uk, in uk you have to convert to EUR and then send)

4. Cash out drip by drip on exchange accounts, split transfers between them all, the more accounts the better, screenshot your transfer and send to customer service team to explain source of funds.

5. coinbase has easy transaction history report that autogenerates a pdf. Download report and send to tax man if you want to be above board.

6. either keep and spend smaller amount of funds in diversified accounts or send them through to your fiat account drip by drip each day. Make your fiat bank aware of your crypto gains, even send the same screenshot to them if you need to.

there you go. That isnt that hard.

[Anonymous No.21379710]

>>21378988
WOAH WOAH WOAH
fees for... too much money?

I get the fees for being too poor.. BUT TOO RICH?

[Anonymous No.21379755]

>>21378722
Yes goy. Post every shady and illegal way that you launder money on here so the fbi can read it. Fucking idiots.

[Anonymous No.21379799]

>>21379284
ok re-reading this it sounds a bit jumbled. I'll try again.

1. On coinbase pro. Sell your crypto for currency of choice. You have a currency wallet on coinbase , your money in USD, GBP, EUROs / whatever will go there to begin with.

2. sign up for multiple cryptofriendly challenger banks. Revolut and transferwise are best. Link these up with your personal bank account so you can easily swap money between them.

3.On coinbase you have to verify transfers before being able to withdraw money. You do this by sending them a small amount of money to your fiat wallet. In the UK you can only send this in euros so you have to send money from your personal account to the challenger bank and then convert it to euros (which is free) and then send it to coinbase. In the USA you can just send it straight through from the challenger bank.

4. Once your crypto friendly accounts are verified on coinbase withdraw money from coinbase to them. If it is a large withdrawal, you'll need to send a screenshot of the transfer to your crpyto friendly account bank customer service teams or live chats and explain because you will have limits on your account. They may also freeze your assets if this is the case. Splitting your withdrawal among multiple crypto friendly accounts is also reccomended to avoid this, as is sending smaller transfers daily instead of one big transfer.

5. You then can either spend or transfer this money in drips to your personal bank account(s) or just keep and spend it in your crypto friendly accounts. If you want to transfer it from your crypto friendly account all in one go you better go in to your bank first and tell them you're about to make a large transfer because you made money trading crypto.

6. You can print your transfer history document from coinbase if you dont want to get assraped by the taxman.

[Anonymous No.21379825]

>>21379755
I literally asked for "legal ways"

You're such a fucking retard, please go back to your schizo containment board or better yet rope yourself faggot

[Anonymous No.21379840]

Remember to pay your capital gains tax so Muhammed can order room service from his penthouse suite.

[Anonymous No.21380149]

>>21379825
I'm sure your 500 link stack is life changing money. Kys poorfag

[Anonymous No.21380197]

>>21379040
hahahahahha

[Anonymous No.21380270]

>>21379040
This

[Anonymous No.21380340]

>>21380149
Project harder you 3rd world skinhead ahahaha

[Anonymous No.21380635]

>>21379799
checked. but whats wrong with:
transfer stinks to cb pro-->sell LINK/USD--->50k ACH withdrawal (cb pro daily limit) to Bank account #1---->50,000 wire transfer to bank account #2 (cb pro wire limit)
>repeat as limits allow
>have wife do same thing

As long as you speak to your banks in advance, all should be good to go, especially if you show your willing to comply with all tax obligations (perhaps speaking with a specialist with the company in that department). We're shrimps to these people, aren't we?

[Anonymous No.21380666]

>>21379040

/biz/ knows the way.

[Anonymous No.21380715]

get a (((tax attorney)))
he'll have connections to get you a bank account that won't be frozen when you cash out
etc etc etc

just focus on finding a good lawyer and making your stack grow

ps: use this to find a legit lawyer https://chambers.com/

[Anonymous No.21380799]

>>21380635
Depends where you live.

As stated in UK a lot of banks will not directly deal with crypto/coinbase, some of them ban pretty much anything to do with it transfer wise. Hence the challenger banks as a middle man. Not sure exactly what the rules are in the USA but its always good to split your funds between as many accounts as you can. If one gets frozen, no big deal. You still have other accounts.

[Anonymous No.21380864]

>>21378722
Just go to your bank and do it live in front of them, bring your laptop, tell them what you’re doing, and if you’re lucky Stacy behind the counter might suck you off.

[Anonymous No.21380898]

>>21378722
Or alternatively XAU, look it up. With the amount of gold you would have you could probably withdraw in Switzerland

[Anonymous No.21380918]

>>21380666
Thanks Stan.

[Anonymous No.21380946]

https://gold.tether.to

[Anonymous No.21381065]

>>21380864
Will this actually work

[Anonymous No.21381069]

>>21378722
Is link actually gonna hit 200$??

[Anonymous No.21381097]

>>21381065
I would recommend the option below

[Anonymous No.21381117]

How do rich celebs get money deposited into their bank accounts with no problem?

[Anonymous No.21381192]

Why cant you just cash out? How are they allowed to steal your money? They can see its from crypto and be like oh ok. You did nothing illegal so you should be able to just deposit it right away lol.

[Anonymous No.21381304]

>>21381117
They're pedos so they're allowed to do whatever they want.

[Anonymous No.21381312]

>>21381117

Who runs the entertainment industry?

Who owns the banks?

Think about it, anon.

[Anonymous No.21381317]

>>21378722
If you legit have $2 million in link, hire a good tax lawyer and a CPA and they'll figure it out for you. Worth every penny to do it legally.

[Anonymous No.21381341]

>>21378722
>okay, a lot of us who got in link 3 years ago have close to or well above a million dollars.

Heh y-yeah I totally do

[Anonymous No.21381375]

>>21381192
You haven't realized the system is rigged?

[Anonymous No.21381437]

Would you not OTC sell at that level?

[Anonymous No.21381464]

>>21381375
I use credit unions so I wouldnt know.

[Anonymous No.21381484]

>>21381192
Depositing a large sum of money into your bank account triggers their system and they freeze your account. I've had it happened to me once when I deposited like $12k, not even from crypto.

[Anonymous No.21381511]

>>21381484
Then you tell them you got it from the market and then they unfreeze it. Ta da.

[Anonymous No.21381538]

>>21381484
always deposit less than 10k per transaction unless you want to law to know about it

[Anonymous No.21381553]

>>21379040
Based and Patricide pilled

[Anonymous No.21381581]

if you are at the level you are worried about your account being frozen, you can afford a tax attorney

they will know what to do.

[Anonymous No.21381588]

>>21378722
Use NEXO. They accept link and pay interest and you can take a "loan", never have to pay taxes. You should convert some link to nexo and pay your loan with nexo tokens.
They charge 6% interest and loans on property are tax free in America.
Come tell me different IRS, because that's the way the law looks to me.

[Anonymous No.21381627]

>>21381069
Not before PNK hits 20

[Anonymous No.21381680]

>>21381511
You like calling banks and explaining how you made your money? It's hassle most of us want to avoid

Has anyone used cash app? Ive used them to cash out BTC.
I think they limit at $7,500 a day or something

[Anonymous No.21381688]

>>21378722
>plan on selling 10% of my stack when we hit $200 or so

[Anonymous No.21381704]

>>21381511
>talking to someone on the phone
absolute horror

[Anonymous No.21381713]

>>21381511
As soon as my account got frozen, a rep called me to ask me a bunch of questions. I remember one of them was "Will you swear unqualified allegiance to the United States... and forswear any form of allegiance or obedience to any other foreign government, power or organization?". I think they just wanted to make sure I wasn't a terrorist.

[Anonymous No.21381790]

>>21381680
What if you convert it to BTC and then BTC crashes? What was the point of all of it then? I rather cash out when you make it.
>>21381704
>How did your earn this money sir?
>I sold LINK after holding for 3 years
>Let me unfreeze your bank sir, congratulation on making it, we will gladly hold a ceremony at our location for you when you decide to come in, does that sound alright?
>Yes, see you in 1 hour.
>>21381713
But they didnt steal your money right?

[Anonymous No.21381898]

>>21378722
>>/biz/thread/21359099
this thread from earlier had a very smart anon with good insights

[Anonymous No.21381956]

>>21381713
Nuts
>>21381704
Its not just a phone call its being treated like a criminal or child having to explain where you got this $ from.
Im a fucking adult and bankers are destroying the world. Fuck them and fuck how they treat customers. Go stand in a bank line, most miserable place on earth

[Anonymous No.21381983]

>>21381790
convert it to USD stablecoin,.
BTC is going up until 2022 tho
Book it

[Anonymous No.21382053]

>>21378722
where can i buy link now?
i am new to investing. not expecting to make a bunch of money but if i can still double my initial buy ill be happy.

any recommendations of where to buy?

[Anonymous No.21382115]

>>21382053
I bought mine on coinbase yesterday, but I wouldnt recommend it.

[Anonymous No.21382157]

>>21379755
>legally
Literal brainlet.

[Anonymous No.21382270]

>>21382053
>but if i can still double my initial buy ill be happy.
you literally should have bought chainlink 9 days ago.

[Anonymous No.21382285]

>>21381713
>Will you swear unqualified allegiance to the United States... and forswear any form of allegiance or obedience to any other foreign government, power or organization?"
I'm trying to imagine the long winded, autistic freedom fries rant I would go into if asked this question by some unsuspecting bank dweeb rattling off his boilerplate list of questions and it makes me kek

[Anonymous No.21382368]

>>21379284
Holy, fuck, no anon. Transferwise and Revoult are the worse. I'm not sure if this is a meme troll post or what.

I posted this earlier, and I feel a bit tired but you need to either create an S corp or LLC w/ bank account or wire it in indiviual limits to brokerage accounts, schwab, tdameritrade, etrade, etc.

New account is best.

[Anonymous No.21382457]

>>21382285
'WHAT THE FUCK DID YOU JUST SAY TO ME?! ARE YOU SOME KIND OF TOWELHEAD QUESTIONING MY ALLEGIANCE, MOTHERFUCKER? I'LL HAVE YOU KNOW THAT EVERY MAN IN MY FAMILY SERVED AND GODDAMNIT MY GRANPAPY WAS A SEABEE IN WORLD WAR 2 AND MY FATHER WAS IN KOREA WORKING ON MISSILE TRUCKS IN THE MIDDLE OF THE GODDAMN JUNGLE TO NUKE THOSE GOOKS IF THEY SO MUCH AS BLINKED THE WRONG WAY, YOU WANNA TRY ASKING THAT ONE AGAIN YOU GODDAMN ANTI AMERICAN SWINE?"

[Anonymous No.21382709]

>>21382368
depends on the amount you're cashing out. If its less than 250k what is wrong with using multiple challenge accounts?