Post
Topic
Board Bitcoin Discussion
Re: How does one safely deposit large USD amounts ($50k-$100k) after selling BTC?
by
jbreher
on 07/07/2014, 01:01:25 UTC
withdraw $9999 each time. and open multiple accounts

... and trigger a SAR for obvious attempt to mislead the regulators. Not a good plan.

You'll need to make a determination how friendly your bank is to bitcoin. If friendly, then just carry on - because you are not doing anything illegal nor immoral. If, however, your bank is, or may become, antagonistic toward bitcoin, then now is the time to start shopping around for a better bank.