Just got a hold of bitcoin worth 8 figures USD

Just got a hold of bitcoin worth 8 figures USD

How do I convert this to money without getting taxed to hell?

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Drugs

How do I convert drugs into money on bank account?

I'll sell if for you for 50 cents on the dollar.

technically you're already supposed to be taxed to hell

Was thinking more like buying property or setting up out of country bank accounts

didn't pay for the bitcoin

if you have to ask, being a dealer is not for you

>didn't pay for the bitcoin
did you get it in return for services rendered?

I work in computer repair and search customer pcs for bitcoin wallets and this time I struck gold

What if I hire a friend who's already an established dealer, how fast could I get the 10 million

well, i mean it would be considered some "long-term" capital gains i suppose.

I was only half-joking. Having a bunch of people cash out smaller amounts and pay you in cash would likely go completely unnoticed, and you could probably get closer to about 75% back. The thing with cashing out a large amount yourself at all is that it would trigger an investigation regarding why you got the BTC in the first place, under suspicion of drug trafficking and whatnot.

So you stole it? And there's a record that you had access to the original owner's computer? Taxes are the least of your worries. You're not going to want to cash it out yourself. Also, I'm out, I no longer have deniability.

if you try to cash out and police report is filed from computer repair stealing bitcoin youre going to prison

but i would add, that it's likely you can get fucked if you take it.

Yes.
We're a team of about 10 people and there are no records to show who worked on which computer.

Just pay the fucking tax and go live like a 0.1%er

Well then you're all going down to the shitter and the FBI. Nine of them know they are innocent and one knows they are guilty. It won't take very long before they start ruling people out.

>monitor 10 people's bank accounts, see which one goes up by 8 figures

Yet something tells me that the guy who just bought that vacation house in Malibu might be the prime suspect.

A lot of posts saying I will get caught.

What would you do in my situation?

Buy csgo skins with bitcoins then sell them for USD sellers rights of none material items means no taxes

That's a good idea.

Thank you ill take 5%

>How do I convert this to money
lol

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Tell me a skin around 1k usd, your steam profile and some sort of proof you posted this

Lol. Sure, I'll post on the internet about how, given the opportunity, I'd launder stolen BTC.

No, seriously. I will.

First off, I'd tunnel the transactions through multiple coin cleaners to obfuscate the source. Secondly, rather than go through regular exchanges, I'd buy small transactions of USD (cash) on the dark web, having it mailed to recent forclosures, which can take up to six months to sell. Lastly, I'd put all the cash in a safety deposit box in a relative's name for no less than ten years before taking out no more at once than what I could argue was within my means.

dont cash out. usd is a shitcoin. bitcoin will be 100k by 2022

>How do I convert this to money

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>How do I convert this to money
you don't

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>how do I convert this to money?

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Https://steamcommunity.com/id/simpleplays
Ruby doppler of any knife. Add me and ill give screen cap of this

sell the bitcoins and receive the money in a bank account that is based in a country in which that information is legally private(?) like switzerland

idk i'm not a tax lawyer

So let’s clarify, you stole 10,000,000 dollars plus in bitcoin from a customer? How much bad karma do you want in life? Do they know they had it?

what I meant was bank account money not cash

Yes.
I don't believe in karma.
I do not know yet this happened recently.

Be more specific

This sounds like a good idea, but I want the money sooner rather than later

Ruby doppler m9 bayonet minimal wear price is $1353.90

The sooner you get it, the higher the risk.

I'll write a scraper so I know if you get arrested. Good luck.

7 day trade hold?

just sell the coins and pay the tax then

you'll still have enough left over to buy yourself something nice, or never work again. whichever you prefer

What rank are you?

Are you asking what it is or if its a restriction present on that item?

If you want to limit your search it's scandinavia.
as others have pointed out the main issue doesn't seem to be taxes but police.
I don't have time to wait 7 days, no knife for you.

I got up to legendary eagle master a few years ago, but i got bored of the game so i only play it rarely with my friends nowadays.

>as others have pointed out the main issue doesn't seem to be taxes but police.
Well I don't see how. Sell the goods that nobody can prove is stolen, pay the taxes, you're free and clear. Why wouldn't this work?

>it's scandinavia.
What's the words for arrested, technician and cryptocurrency? No sense in running everything through a translator. Thanks.

as pointed out, my bank accounts are likely to be monitored if they figure out it could have been stolen from the repair shop

Nice try, not going to limit it down to a single language.

someone that has 10 million probably has more and they will use that 'more' to catch/kill you.
good luck scum

The customer did not have a high end PC

well, whatever, I wouldn't worry about my bank accounts being "monitored" because I would sell the bitcoin, pay the taxes, and let everyone that would listen know I'm rich. Go ahead and investigate my bank account, you'll find millions of dollars, because I bought bitcoin when it was $1 per coin and some asshole customer is just lying and trying to get a piece, prove me wrong :)

>Nice try
Wasn't trying anything funny, didn't realize news agencies would use anything other than a singular primary language.

hopefully they own a high end gun

You dont technically have to wait any items on the stores are only up after the 7 days have passed so you can buy them straight away, youd just have to wait 7 days to sell. You can have them stored for 7 days then slowely trickle them back into the market. Holding certain skins will inflate the prices and youll nost likley hold a monopoly for a long time making you more money overall. Selling them as and when you need the money reduces risk of being caught

make sure you are using tor with tails number one, not a vpn.

a couple things you can do, buy a bunch of cocaine or heroin and sell it, you should probably wait awhile though, with dream shutting down hard to say who is going to be a trusted source on the new sites. as sketchy as this option might sound its honestly your best bet to avoid getting caught.

option 2 use a few tumblers, and then cash it out of a legit market. Depending how much you stole could be ok, but probably not if its a very large sum.

if it was me I'd do a bit of everything, run it all through various tumblers, hold some on some markets, hold some in various wallets, and just keep buying drugs and selling them to supplement my income.

Scandinavia isn't a single country

He can prove he owned 1300 btc and that it was withdrawn, that's how blockchains work

What's a tumbler?

it's not even the bank account user, you do realize that they can just see where the funds were transferred, and ask around to the places that accept crypto if they know of that wallet, from there try to get IP address/ bank account info

Just pay the fucking tax. You'll have enough so that you won't have to get another job for a while.

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>He can prove he owned 1300 btc
How exactly? He can prove someone owned it, and that it got sold.

They can track the bitcoin, yes, but they cannot know who owns which wallet. The only way they can ask is if they send some small amount with a note asking to be contacted.

>a tumbler
is something you listen for when you're cracking a safe

>Scandinavia isn't a single country
I didn't know that. In more than 30 years, I've never had a reason to. This'd be the first.

its a service that mixes a bunch of bitcoin together to hide its source and trail.

>They can track the bitcoin, yes, but they cannot know who owns which wallet.
that's why i said ask around, any place that can transfer to a US bank is supposed to have KYC

You are fucked big time, someone with that much money is part of a serious criminal network and I know if I had that much money I'd be checking it every day so they will know exactly when it went missing. If your colleagues start dropping dead or going missing you're fucked lmao

Did you delete the file off of their computer?

no

Bits sells for 5 figs tops moron

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Oh so you're a nigger. Why didn't you say so.

Pic related. OP might not have anything

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You shut up
my uncle molested me & the court allowed his payment to be made in Bitcoin

>works in computer repair

either this is bait or you are completely incompetent at your job

Nice one, OP. You need to use a service like shapeshift.io to turn it into another crypto, prefferably XMR to hide that you stole it, then from there find what to spend it on from there, or turn it back into BTC to put into a new, clean BTC wallet. You used to be able to sell BTC with Coinbase without being taxed, but I think they tax now. I'd personally use it for drugs or servers though.

You should also put a RAT on the customer's machine if you still have access to it so you can see how long it takes them to notice and what they do about it

or.. you know someone bought $20 worth of BTC back in the day and forgot about it

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Go to Argentina. Exchange for gold and other jewelry

You don’t pay taxes if it wasn’t traded