LBC account flagged as high risk???

Just bought some BTC using an ATM through a guy on LBC, I've used this account for 50+ transactions. I tried to send the coins to another wallet and it would not allow me. On chat they said my account was tagged as high risk, and I'd have to email support. Has anyone had this happen to them?? This is a big order with other peoples money and I cannot afford to lose the coins!


Comments


[6 Points] lbcthrowaway19182:

SUPPORT EMAILED ME BACK AND IT SAID IT WAS A MISTAKE ON THEIR PART. ALL IS WELL.


[6 Points] None:

why would you send it directly to a dnm wallet? it takes an extra 5 mins to send it to cold storage first????


[4 Points] sdfhgdhjbdafcadv:

Are you trying to send them directly to a DNM wallet or to an Electrum wallet that's been used for DNM buys before?


[3 Points] Theeconomist1:

There could be a dozen reasons as to why. From the information you've provided, it would appear that it is due to you sending funds directly to a DNM wallet. Coinbase has been known to suspend accounts due to this and this is well documented. Hell, even a donation to Gwern caused Coinbase to suspend accounts and tag them as "high risk."

I'm not sure if LBC follows the "KYC" laws. I seriously doubt the amount is triggering it. I wouldn't expect a $400 transfer to trigger this solely due to the amount. Only LBC can answer this, unfortunately, the experiences are mixed. Some have said that LBC drags their feet and makes them jump through hoop after hoop which takes weeks to resolve, if it does.

I highly suggest not sending directly to a market or tumbler. Use an intermediate wallet. Exchanges are cracking down.


[3 Points] jij848yi4hu848h:

LBC BASICS

  1. Make a new account every time you buy. Use tor, and 2fa paper codes. Copy the codes, encrypt them, and make backups.

  2. Don't ever mention the DNM or drugs!!!

  3. Don't post on reddit when you have a problem. LBC searches reddit for posts about them multiple times per day. They have staff that does only social media.

  4. Never send from LBC to a DNM. Always send to an intermediate wallet. Better yet, arrange with your seller to send directly to your outside wallet.


[2 Points] OpiLuvr:

Its probably because they have cottoned on to you sending it to a DNM. Its always recommended you sent it to another wallet first, though ill be honest, I don't always, if I'm in a hurry to meet a deadline.


[2 Points] None:

[deleted]


[1 Points] OblateSpheroids:

Seems like every day I read about someone on here who is freaking out because they have a big order with other peoples money involved. The theme of the clueless shlub going in on a deal with a gangster and losing the money is so common it's actually on TVTropes.

This is literally the dumbest thing you can do. You take all the risk, since you are vouching for the source, those other people will blame you when the pack gets lost. It also reveals the nature of your supplier(since normal drug dealers don't take 2-5 days to arrive), putting these other people one step closer to your source.

Next time, just buy what you can afford, and when you sell that, buy more. Never order more than you can afford to lose. If you want to be a drug dealer, do it right and run it like a business. If you want to be the cool guy that hooks up his friends, teach them how to DNM and let them take the risks.


[0 Points] lbcthrowaway19182:

I posted on the forums and someone said I just have to verify my account with ID. Is this a break in OPSEC or should i be ok? I Have 400$ in BTC, I atleast need to get it out and then never use LBC again