The bank just froze my 20k binance withdrawal

The bank just froze my 20k binance withdrawal.

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Did you try callin your bank

call your bank.

the police will be at your house shortly

We got you know. You owe us 22%.
Signed the IRS.

Also I don't care what country you are from. You still owe the IRS.

take your bank to kleros court

You need to let them know beforehand retard

Why the fuck do they do this? If I ever actually make any serious money with crypto, are they going to block a $20-50K deposit? With coinbase, I’ve typically used ACH deposits/withdrawals and had no issue outside of my bank initially blocking the withdrawals going to coinbase. Never had a problem cashing anything out, but I’ve only ever sent like $1200 tops TO my bank account.

Are the Jews going to fuck me over when I hit enough of a number that I can buy a new car?

Cashing out is a meme bro

You didn't just try to withdraw, did you user? I have implemented fraud detection at banks, and you are a clear example of a false positive. Student, limited income and outgoings, suddenly gets 20k...the algorithms will eat that up. Call them ASAP and visit the branch tomorrow

your bank just put the 20k into kleros court.
they determined you 20k will be randomly assigned to 40 brown people on foodstamp.

That's actually normal, large transactions over like $10k get held and manually reviewed. It usually takes 2-5 business days. This kind of stuff is actually a good thing, it makes it impossible for someone to steal your account info and make any large transactions

>t. guy who's waiting on a $15k transfer to go through

Just call and tell them your about to get a large deposit thats what I do I dont even tell them where its coming from but it still works.

did you warn them

Uniswap

What do I tell them though?

Research FINCEN

Just that you did some clever investing into zoomer cash, if they ask what is zoomer cash you just say "you're too old, you wouldn't understand". If they then say sorry sir- YOU QUICKLY INTERUPT and say uniswap sir and hang up the phone.

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What about converting to USDC and cashing out at 5-8k increments?

This is the most autistic thing I’ve ever heard. Holy shit, user. Please tell me that you don’t talk to people like this. You sound retarded

That you bought bitcoin when it was cheap and are selling it. DO NOT mention shitcoins.

why not incrementally withdraw 1-5k instead of dropping the 20 bomb when ur previous bank transactions indicate you are a poorfag that shouldn't have access to that much money

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fuck you, I'll never pay taxes

i don't think anyone here cares about your 20k bank transaction. if it's trying to be a humble brag, 20k is peanuts.

is this a viable solution or retarded?

I heard that this is even more suspicious from the bank's perspective

Would be fine unless you're cashing out say 5k every 5 minutes. Thy have to freeze accounts with large sums when they aren't notified beforehand due to money laundering.

this is why you transfer your profits into a stable coin, then withdraw a bit at a time to not draw any attention. they prolly think you're receiving payment for a future terrorist attack.

this is called structuring and is very illegal. If you're doing it regularly the bank will flag your account. Anything over $10k gets automatically reported to the iRS, but you can't just send money to your account $5k at a time.

At least you can pay tax and legalize your gains.
In russia they can take away your money if you dont explain source of income. And when you tell them you sold your shitcoins - they dont really believe you.

can I just tell the tax agency that I didn't make any profit in crypto so I don't have to pay the taxes?

they won't actually go through the transaction ids to confirm this, right?