Billionaire arrested for crypto tax evasion
- Thread starter moonshine7000
- Start date
- Aug 20, 2015
- 1,883
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i agree
moonshine7000
Elite Member
- Mar 4, 2013
- 4,393
- 3,973
The problem is he didn't declare his bitcoin on renunciation .You are subject to exit tax if you have 2 million us or more in assets
Zwielicht
Elite Member
- Aug 31, 2013
- 21,127
- 40,010
No, at least here in the US, the various cryptocurrency exchanges are required to collect your information and report transactions to tax authorities. If you pay to certain flagged wallets, like those found on dark net markets to add crypto to your market account, the exchanges will actually know in some cases and ban your exchange account with them.
It's not all doom and gloom, though; you can transfer a more privacy-oriented coin like Monero from your exchange account to your own wallet and pay that way to get around the exchanges monitoring your transactions (or so I heard
).
D
Deleted member 1927007
Guest
Its is out at the same day after arresting
zotix
BANNED
- Oct 21, 2023
- 1,147
- 696
That's why a friend of a friend always uses always Kraken for his transactions - now it makes senseIt's not all doom and gloom, though; you can transfer a more privacy-oriented coin like Monero from your exchange account to your own wallet and pay that way to get around the exchanges monitoring your transactions (or so I heard
He told me that he can always generate a new Address—the same as on several DM markets. But there might also be some stupid Markets that use static Addresses.
Nvm - it is not my Business. I am a fan of PayPal transactions because they are safe - and I feel more secure because they store many Cookies to protect my money. Just in case.
Kind regards
zotix
- Oct 29, 2021
- 8,654
- 3,606
The purposes of decentralised money has long gone.
Shame on us. We failed it.
Shame on us. We failed it.
- Apr 10, 2020
- 3,310
- 866
When he comes out , he should first fire his CA and hire someone more qualified to remain safe in future.
Hey do you know a seller of Kraken business USA ??That's why a friend of a friend always uses always Kraken for his transactions - now it makes sense
He told me that he can always generate a new Address—the same as on several DM markets. But there might also be some stupid Markets that use static Addresses.
Nvm - it is not my Business. I am a fan of PayPal transactions because they are safe - and I feel more secure because they store many Cookies to protect my money. Just in case.
Kind regards
zotix
OmegaStarScream
Newbie
- Aug 19, 2026
- 19
- 9
This is what happens to Bitcoin maxis when they keep sleeping on privacy coins!
fix3el
Junior Member
- Jun 5, 2026
- 120
- 64
It's not anymore since government involve by the name EFT so it's definitely not the same as before