Day 30 since my bank account was locked for withdrawing £590,000 of BTC

Nice larp just bought 100k bank shares

A bank wants to see if you haven't acquired the money through illegal means.
The best way to prove that you didn't is to show them how you acquired your buttcoins.
For example by showing a exchange transaction history, wallet history, mining history or whatever.

here's a live chat, they tell me to call but I have many times, the chat is literally a pajeet call center.

Attached: 534534345.png (603x915, 42K)

>always call your bank before you cash out
>always call your bank before you cash out
>always call your bank before you cash out
>always call your bank before you cash out
>always call your bank before you cash out

I did, they even invited me to a meeting for private banking but I told 'em it's a jewish scam and wanted to invest my money into boomer stocks./

>shalom
topkek

This better be real lol.

>oy vey, i feel like this is a shoah against me
>shekels

this shits hilarious

Attached: 1529893394625.png (600x639, 158K)

>oy vey
lmao

This is either a LARP or you are very autistic. You need to go into a bank and have your ID and a printout of everything probably. Get a lawyer

I've honestly given up at this point, I just start autistically laugh as they tell me once again, they can't help me at this point and I start finishing their script for them and laugh saying I have no money and I'd be better off just putting my head in an oven than go though another month than this and they start going "sir? sir are you okay?" and I just start laughing due to autism and they ask if I have a relationship with another bank to obtain an overdraft with them and I tell them overdrafts are jewish scams and no and they just think I am completely nuts at this point idk.

shit are you the guy that was asking where his shekels were?

maybe, I've posted when this first happened and like 2 weeks ago maybe, are you the BOA user who got 700k frozen and then unfrozen?

Remember those memes about how you cant actually cash out?? It’s all monopoly money bro. The whole thing is fake

Kek make a Holocaust joke you madman

honestly thinking about telling them I am Jewish and my family got their money stolen by the third reich and it triggered ptsd and it feels like I am living my grandparents experience all over again

yeh it's definitely you from before. thats some scary shit mate, but eventually you'l get it, surely

Fuck, this has always been a concern of mine. How do you go about this? I would have called in before I cashed out and set up a meeting. Like after that. I would contact the IRS. I would rather get everything out of the way. Don't want to get ass fucked later. Just get it over it.

I personally wouldn't cash out anywhere near that much at once. I would trickle it in.

I cashed out in December/January when the payment finally went into my bank, the exchange held it for like 2 weeks due to AML checks and sent them all my transaction history etc and let it sit in my bank for like 4-5 months as I didn't know what to do, then went to a accountant, did my tax return and registered with the HMRC and then transfered and maxed out my ISA (tax free savings account in the UK) and moved it to Fidelity and then wanted to send 400k to my fidelity account and put it into one of those level 2 risk pre-made investment fund and decide what to do with the rest (I owed about 100k in taxes) but as soon as I went to send the 400k all the problems started, asked me to renew my passport for ID etc then one day they finally allowed me to send the 400k, got him and boom account shoah'd

How dare the goyium treat a member of the tribe like this

Attached: 1385084179425.jpg (1861x2326, 1.71M)

You deserve to get you funds locked for being such an unfunny cunt

That is called structuring and they WILL fuck you for it

user I legit have autism and just saying autistic shit, wasn't my fault, all I wanted to do was cash out, aim for about 1200 a month interest and go travel in SE Asia for a while, maybe live in Thailand for 6 months but no.

Lol, literally a thread above this now basically asking the question "what's wrong with banks?" loool, the fuck you think is wrong faggot. They can literally just take your money with no explanation.

Which bank do you use. USAA has let me move nearly $100k in and out with no issues.

you're a dumb fuck, you've triggered their fraud alarms, you're not getting it back, you dont even have the brainpower to pursue it properly

lol. topkek. i love you if this is real

Attached: kek.jpg (900x900, 125K)

Uhm are you by some chance the user who bought holo and dag ICOs?

why cash out so much?
just keep your shit in tether and only sell what you need. you shouldnt ever have more than £100k in the bank at any point. i mean what if another """greece""" happens?

user, no one in the business world cares about any excuses. Even if you have the best reasons in the world.

You need an appointment. In person. With the paperwork showing how you acquired your money. The entire money trail if possible, but at least enough to make your story plausible. And in your case preferably done by a representative that knows what's doing.

no, i'm a OG bitcoin fag, bought a small amount in 2012. bought some ETH etc and have a reasonable-ish stash of some shitcoins but I cant cash out more since I'll just get it frozen.

kek just saw this
>in today's battleeeeeeeee!
>PAJEEETT
>VERSUSSS
>ANTI-SEMITEEEE
>ding ding

here in the UK they refer all accounts to the National Crime Agency as it's the protocol when they freeze accounts, there's fuck all I can do until they contact me lol.

you are fucking hilarious m8, hope you get your shekels soon
the cash out meme was a little to real

what if you just bought $100 worth of ripple in 2017 through a bitcoin atm with cash and then bought tron in october with the ripple gains and sold in january?
this is pretty much my story... havent cashed out any yet because i still dont know how to explain where i got le monies,

Ahhh rats. I was wanting to ask him something. Sorry about your current situation, user.

This is good advice. Lawyer the fuck up. And compile the paper trail.

If you can prove that you owned the ripple in 2017 for example by looking up the initial transaction. Then you can easily show how much it was worth when you acquired it. And that the initial value was neglectable, and thus not something involving a major crime operation.

A bitcoin atm gives you an address that you can look up through a blockchain explorer right.

Or alternatively, you just show you started on the exchange with a value of 100 bucks.

Why not just hold it, you faggots? You’ll regret cashing out for the rest of your life once BTC is worth multi-millions. And you’ll rationalize it by telling yourself the 13yo ladyboys in Thailand were worth it, but you’ll be pissed that by that point in your life you’re simply an upper-middle class normie with a modest amount of crypto left just like everyone else with a good job who decided to buy high and hold, once crypto became the world currency.

Attached: 1148240051989.jpg (589x386, 35K)

>£590,000 of BTC
how much is that in link?

How much did u end up with?

I am holding, lots of cheap Stellar.

That's why you want to fuck with VERGE

I haven't seen a longcat in a longtime

But you're not doing anything illegal.

my bank kind of encouraged me to structure before freezing my account, I could move up to 20k without going into a branch as that's my banks Faster Payments limit and they said sorry you're stuck with 20k per payment as you need to renew your passport for valid ID but I wanted to do it in one then they shoah'd my account anyway.

Doesn't matter, the government does not recognize private property, just look at all those stories of people getting pulled over by the cops then having their cash seized for no reason because they MIGHT be a drug dealer, or that guy recently who tried to bring a 500k bank draft over the Canada-US border and it was seized despite it being from a family inheritance

so how the fuck do we cash out?

>pic related is my life
you can't user, enjoy the ride.

Attached: 543453435.jpg (249x202, 8K)

The whole point of bitcoin is to surpass the banking system, cashing out was never an option

What about moving to another country?

no for real, how do i cash out my millions when i make it?

this, in the long run you will not NEED to cash out, you will simply buy and sell in different cryptos

just pretend 1 satoshi = 1 usd a decade from now

Just send it to your bank and make sure you file it as capital gains on your taxes, you might owe a few hundred thousand so don't spend it all.

You actually can't atm man. It's not just a meme. You'll just have to wait till crypto becomes more widespread and accepted OR they'll just ban it completely lol. Atm it's still solidly in the scam/tax evasion/terrorist funding/drug money category which gives the banks a perfect excuse to do whatever the fuck they want with your crypto gains basically.

we are all so fucked

Nope, that was me, lol. Also my shit is still frozen too. They said it could take up to 60 business days. I thought it was fixed but it wasn’t.

Are you fucking stupid? Holy shit -- transfer BTC to exchange, sell, transfer.

lmao - you need to be making INSANE gains for this to be an actual problem.

Okay wigger

lol'd

Found the Pajeet that works in customer service.

How the fuck do drug vendors cash out I wonder

Do it

No, no it's not. As long you pay taxes and declare it you can cash out in any order you want

>withdrawing

ICO a scamcoin and send to themselves

First: why did you cashed out on bear, second: why didn't you hire some tax lawyer or some shit to wash that money to pay no taxes.

>he thought "can't cash out" was just a meme

Attached: Laughing Juden.png (333x293, 14K)

I have no sympathy for you. If you were so retarded that you thought you could transfer that kind of money to your account with no problems, then you deserve to have your account frozen. KEk.

just over $100k

no not really.
it just shows the tx from the vendor to my wallet. no way of proving that i only own that much and im not the vendors wallet. especially as most btc atm's are owned privately.

What dont you understand?
It's not your money to do with what you like, it's the systems money.
You dont get anything you little slave. Making money without being productive for your masters is fraud and we are confiscating it.

Thank you have a nice day

Why not just hold your USD on coinbase. They own the BTC if they ever wanted to exit scam, but they can't run away with your USD.

Legit question; how difficult is it to cash out crypto that you've mined or received as donations?

They will be investigating you user, expect to be hit with a 45% capital gains tax.

I believe it's 20% under £45,000, 28% over and 45% over £150,000. So if you cash out £4,000,000 expect to lose almost a million!

Capital gains is max 20 percent, 10% up to like £35,000 depending on how much you earn.

i.e if you earn 20k a year, 15k is taxed at 10 percent also you get an allowence of like 11.5k that's tax free.

On 590,000 i owed just over 100k in tax.

This is taking into account some deductions you are entitled to, hence not being actual 45%. Still fucking sucks though, you should hire an accountant. Also, try to find evidence of your initial purchases of the crypto before it's value increased.

THIS IS WHY YOU DON'T CASH OUT RETARDS

I thought it was 45% m8, good to know (not that I'm balling myself)

you fucking dumbass, hire a lawyer and go talk to them in person
they think you are money laundering
they are investigation you right now
the police have a file with your name on it
get a fucking lawyer and smarten up you dumbass, make sure your taxes are paid and everything is legit

>checked
I deserve it at this point, my life is one huge meme, literal main meme of Jow Forums
my last words will be, while standing in the court room on trumped up charges, Jow Forums was right, one can not simply cash out.

only shop and buy food at places that accept bitcoin

>last words are going to be in a court room
Live by the meme, die by the meme. I like your style.

Attached: meme.jpg (1057x800, 279K)

This post exemplifies what wrong with this world and is one of the reasons why crypto was invented.

Why the fuck would anyone ever cash out that much at once. Stupid as fuck.