Author

Topic: Is Arbitrage Legal? (Read 91 times)

newbie
Activity: 4
Merit: 0
January 25, 2018, 06:18:48 PM
#1
I have a friend in Korea who whats to send me money from Korea to USA and in return I will buy bitcoin and send to him.

Can someone who knows more about this inform me/us any precautions we will need to take?
Is this at all illegal?
Will i get audited by IRS? 50,000 is a lot of money flowing through my bank/
Will he get audited?
Can the money get frozen in wire transfer?

Thanks, I appreciate all the info. 
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