Laundering Bitcoin

>got to Switzerland and use the kyc-free Bitcoin ATMs. If you want to you can open a swiss bank account. Done.
if it is that simple why doesn't everyone do it ? a plane ticket is 500 anyone can afford that . literally any american making over 50k would be doing this . must i have citizenship ?

>do you have a copy of the invoice? did you bill a legitimate party and is there a receipt for that payment? they don't need to disprove your story beyond a shadow of a doubt if you get audited, you need to prove your story.
>I wouldn't claim it as income for services unless you can establish a legitimate paper trail for that with a legitimate third party, which you will have a hard time doing.
isnt the purpose of an audit to establish your tax liability, not criminal enterprise unrelated to source of income? can you share your background for this info please? ty

furthermore i have what is essentially a cash based business using crypto - i do not store customer info at all beacuse anonymity is part of the business
if they 'audit' this what crime have i committed if it is otherwise legitimate ?
if this is not a problem then apply that to my original question and my previous post .

I used a us exchange to execute liquidations and payments on loans
They forced me to close my lending account
This gave me some recourse and prevented getting scammed
If a decentralzied exchange was advanced enough to offer it'd be great

of course.
I don't know. Probably not that convenient for non-europeans.

hit me up if you have questions: gagdshesj @ protonmail . com

Yes the purpose of an audit is to establish your tax liability, but if you don't have proof of the transactions you're reporting are they just supposed to believe you that you're reporting all your income? It will make them question what the extent of your true tax liability is and if you don't have records that will be hard to prove. They're not going to believe someone made $1,000,000 of essentially profit (since I'm assuming you don't have proportional expenses) and doesn't have a ledger of these transactions or any kind of invoices. Now I didn't know you already have a business up and running, I thought you were gonna try to do a few large transactions or some other dumb shit, so you will probably be ok and find ways to filter that money in. I still would recommend reporting it as capital gains as it's much less headache and easier to make legit.

I'm not actually sure about this question because the laws are different for different types of commerce, but many transactions legally require you to store some info about customers. If that's not the case for you then it would raise eyebrows that you have no sort of company records of these transactions. You seen the motherfucker in breaking bad actually ringing up fake orders on his cash register? That's so he can show those receipts to the IRS if it ever comes to that because who the fuck is going to make $1,000,000 and have 0 receipts, invoices, emails with clients, or any proof at all as to where it came from. So yeah you don't need all of your customers social security numbers dog, but it would help to have records of any kind about these transactions you're making up.

I hAtE RoADs aNd ThA PoLiCe AnD FiRe DePaRtMent AnD ThE SeWeRs AnD ThE OtHeR ThInGs I tAkE fOr GrAnTeD.

by pumping low liquidity shitcoins and manufacturing ~100x speculation profits from legal money

ok, and when you buy something with that cash and IRS comes knocking and asking where did it come from what do you say?