Topic: HOW TO TRADE A LARGE AMOUNT OF BITCOINS WITHOUT BEING TROUBLE IN US? (Read 145 times)

Here's what banks do for each transaction : https://corporate.landsbankinn.com/about-us/corporate-governance/measurestopreventmoneylaundering/
It would rather be safer for you to use multiple bank accounts to cash in and out large amounts. Split the large amounts in to small amounts in different accounts. So long as you pay the loan interest(if you have taken a loan, this actually matters a lot from a banks perspective ) and be compliant towards your bank and economy's policies, you shall be fine. But if you can make a current account instead of savings account, it will further help you not to get into trouble. Also you shouldn't be in much trouble if you had stated that you make regular trades while opening your bank account.

The bank won't tell you if you are under suspicion or investigation. They will keep their mouths zipped while they do things behind the scenes. If it gets to a point when your transactions are really suspicious, they will form an investigative team and check your patterns of payments. Onward and outward payments, that is. They will also try to see if any of the persons you wire money to or receive money from are known "launderers" which is an event triggered when those persons are also under investigation. It all starts with an infogram or an infographic representation of who's who on their radar. When your name pops up on it, then you and your account become part of the investigation.

You won't get in trouble if your transactions are legit and if you use an account which allows the transactions you do. For example, if you are using a personal account for large scale money remittances or money exchange or Forex transactions, then the bank might start to wonder and check how the transactions are structured. If their T&Cs say you can only do such transactions on a business or corporate account, then that's when they will terminate your personal account. Even if you have a business account, you must carefully understand what they do and don't allow. Not all banks are happy with clients who do digital currency trades.

I'm not sure how the rules apply but you might also want to look into the FinCEN regs. If you don't and if you are required to be registered, then you might want to carefully think about what you're doing. The US government is a well woven spider web and banks are linked to that web.

The first sign of trouble is when you can't log into your account or if you can't withdraw any money. Frozen funds are another indicator of your account being flagged.

Here are some clues:

Red Flags!

HI GUYS!
I HAVE TRADE $220K ALREADY VIA MY PERSONAL BANK ACCOUNT AND I AM FINE SO FAR.BUT IF I WANNA TRADE MORE,WILL  I BE SUSPICIOUS MONEY LAUNDERING?CAN I JUST CREATE A COMPANY TO DO THAT THROUGH A COPORATE ACCOUNT?
CAN ANYONE PLEASE GIVE ME SOME SUGGESTIONS?THANK YOU!