(Serious) How do vendors cash out large amounts of BTC safely?

Do most create fake websites that accept BTC, then sell on LBC and show the source so they can pay taxes and make the money clean? Do some just tumble and sell on LBC and claim it's from day trading or gambling? I'm thinking of becoming an H vendor, but want to make sure that my opsec is at 100% before starting. Also, how does one purchase hundreds of priority mail envelopes without raising suspicion? Create a fake etsy shop? Serious replies only please... don't need to hear this "if you have to ask, you're not ready bullshit.


Comments


[5 Points] FunnyTrips:

hey fed! what do you want, to know ALL about how the money is cleaned?

tell your fucking boss we're not that stupid, also - this blunts for you


[4 Points] ups1dedowncs:

We spent our bitcoins on virtual gambling and prostitutes why launder when you can have prostitutes :)


[3 Points] SvampebobFirkant:

I don't understand why it is so hard to launder BTC. I mean, it's BTC, maybe you invested in it years back, and just pull them out now for profit. Having a lot of money in BTC isn't illegal. But why doesn't this idea work?


[3 Points] nahko_vendor:

You've got to figure it out yourself, mate. I'm not posting my secrets on a public forum. Unless you pay me... then I'll be more inclined to want to help.


[2 Points] namechange12:

Does anyone here use 'Gyft' or 'eGifter' to buy gift cards with their BTC?. You can buy up to 500 dollars amazon cards at a time, and others even allow more.

Couldn't you theoretically either just use those cards to pay for things or sell the giftcards on ebay?


[1 Points] None:

https://www.reddit.com/r/DarkNetMarkets/comments/4g2uf0/how_to_cash_out_huge_amount_of_btc/

Hurray for the search bar!


[1 Points] Kaymoar:

Does bitpay accept btc payments for you and then deposit them into your bank account in fiat currency for a 1% fee? If so, I feel like 99% of people are doing just what AK recommended in his kingpin guide. Maybe mix it up with products (not just e-books)


[1 Points] Kaymoar:

I'm talking to big time vendors here.... bringing in at least $100k+ per year. Couldn't do too many moneygram, WU, or bank transfer sales on LBC without arousing suspicion...you need a legitimate source of the btc income. Which is why I ask if Bitpay accepts btc payments for your "online website".. takes their 1% cut... and deposits it to your bank account in your local currency. You could then explain the source of the income.. your "website". Also could tumble through grams-helix before paying yourself through bitpay incase bitpay is curious where the btc is coming from or tests if it's "dirty dnm money".