Re: How do I generate an income statement from a wallet to satisfy casino KYC?

How do I generate an income statement from a electrum wallet to satisfy casino KYC 'source of income'?
Has anyone passed this before?
Thanks in advance

Proof of income means how you acquired crypto that has nothing to do with Electrum wallet history.

You need to show the proof how you purchased that crypto, if it's via centralized exchange then you may little to no worries but if you purchased from someone and didn't mix the coins if it's were tainted then you get caught in the middle of something that may related to some illegal activities.

If it turns out that you do have some physical business then it might be that a good excuse but since everything could really be traced then it would really be that depending whether you could be able to
pass through if they would really be having that strict verification on trying out to locate or trace out on where those funds came from. This is why it would really be that hard when you do make out some huge deposits on which its not really just that limited to gambling platforms but also into other services too on which if it would be able to hit up those deposit threshold then expect that there would really be verifications that would be asked out you should really be wary at least specially if you are a whale.

Usually the source of funds verification isn't common to everyone, I played most casinos and I never had any issues even I deposited funds bought via P2P until now there's no issues but the real concern is only for people who can show the proof of evidence or they bought the coins years back and now have no proof of those purchase.

These kind of verification takes time as well so if someone is having this then they have to be patient even after providing all the supporting evidence and about owning business may not really comes in handy though unless the transactions happened via bank and you used the same bank to purchase crypto.