this post was submitted on 29 Oct 2023

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How to sell $300k+ Monero without origin of funds? (monero.town)

submitted 1 year ago by moneroworld@monero.town to c/monero@monero.town

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I bought it in the early days and moved several times due to security reasons. As a result, I'm unable to prove its origin. What would be a viable strategy to cash out?

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[–] jet@hackertalks.com 3 points 1 year ago

Don't move the funds without consulting that tax attorney. You may be able to get long term capital gains consideration if you can show its been sitting for long enough.