Question about making your cash legal?

Would depositing all your cash through bitoin atms and then moving to another country and withdrawing it all there raise any red flags? I plan on moving eventually and in my head this seems like the perfect idea. Make a bunch of illegal cash, turn it into bitcoin, leave the country, be rich somewhere new.


Comments


[12 Points] ankarakna:

were you an admin on MEM ?


[7 Points] 2005C:

localbitcoins trade at your new location


[4 Points] ParanoiaCat:

Just have a good story how you made the bitcoin if that other country asks. Should be pretty easy at this point considering it was worth $1 just few years ago.


[2 Points] hagbard-23:

Might get flagged by the first country for depositing that much cash into a bitcoin atm. Depends on how much you deposit at a time.


[2 Points] LedLevee:

What's up Verto!


[1 Points] None:

Tumble the coins first and there's not much they can do as it's hard to prove they came form anything illegal.


[1 Points] cryptocreepo:

Read up on money laundering and be aware that the tax LE are more likely to bust you if you make any large transactions.


[1 Points] None:

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