//How to purchase 24 million in crypto!?

How to purchase 24 million in crypto!?

As the title suggest, I’m looking for some advice on making very large purchases of cryptocurrencies.My buddy reached out to me the other day for advice. He was hired as a consultant for a large private organization that wants to invest a large amount of capital, 24 million, into cryptos but was wasn’t sure how to aquire such a large amount the safest and easiest way. And to be honest, I’m not so sure either. I’ve never dealt with this amount of money before.I deal a lot with cryptos and privacy focised applications. I first thought he was reeaching out to me to discover a way to make such a large purchase anonymously…which I’m the right guy for the job…but not that amount. I would have no clue how to facilitate such a large trade anonymously without a compliance to KYC laws. Less than 10k is pretty easy…but 24 MILLION!? The last thing I want is for my buddy or his clients to get their door kicked in by some ABC agency for money laundering or tax evasion. So this trade gets to be on the up and up all the way.Here’s what I told him: 1) find an attorney that deals specifically with crypto businesses. (Just in case there is some liability that he might incur that I’m unaware of.) 2) check their banks policies in transfers to crypto exchanges, and find a crypto friendly bank if need be. 3) create 10 different corporate accounts on 10 different exchanges and wire transfer 2.4 mil to each account. 4) place $10,000 trades at a time for the next 6 months on each account. 5) move those cryptos off the exchange and into private cold storage.My concerns: bitcoin is an open transparent blockchain. A purchase of 24 mil wom t go unnoticed and regulators and governments all over the world are cracking down on people for using cryptos. I just read about am FBI sting where a guy sold 10k worth of Bitcoins on localbitcoins and the other party was an undercover agent who mailed a box of cash $14,500 to the guy just to charge him with operating a money service business without a license….even tho the sale amount was within the legal limit of 10k…they still created this elaborate ruse to charge him. I don’t want my buddy getting his door kicked in or his clients. Just want to cover all the bases. Any advice would be Great! Thanks in advance.

As the title suggest, I'm looking for some advice on making very large purchases of cryptocurrencies.

My buddy reached out to me the other day for advice. He was hired as a consultant for a large private organization that wants to invest a large amount of capital, 24 million, into cryptos but was wasn't sure how to aquire such a large amount the safest and easiest way. And to be honest, I'm not so sure either. I've never dealt with this amount of money before.

I deal a lot with cryptos and privacy focised applications. I first thought he was reeaching out to me to discover a way to make such a large purchase anonymously…which I'm the right guy for the job…but not that amount. I would have no clue how to facilitate such a large trade anonymously without a compliance to KYC laws. Less than 10k is pretty easy…but 24 MILLION!? The last thing I want is for my buddy or his clients to get their door kicked in by some ABC agency for money laundering or tax evasion. So this trade gets to be on the up and up all the way.

Here's what I told him: 1) find an attorney that deals specifically with crypto businesses. (Just in case there is some liability that he might incur that I'm unaware of.) 2) check their banks policies in transfers to crypto exchanges, and find a crypto friendly bank if need be. 3) create 10 different corporate accounts on 10 different exchanges and wire transfer 2.4 mil to each account. 4) place $10,000 trades at a time for the next 6 months on each account. 5) move those cryptos off the exchange and into private cold storage.

My concerns: bitcoin is an open transparent blockchain. A purchase of 24 mil wom t go unnoticed and regulators and governments all over the world are cracking down on people for using cryptos. I just read about am FBI sting where a guy sold 10k worth of Bitcoins on localbitcoins and the other party was an undercover agent who mailed a box of cash $14,500 to the guy just to charge him with operating a money service business without a license….even tho the sale amount was within the legal limit of 10k…they still created this elaborate ruse to charge him. I don't want my buddy getting his door kicked in or his clients. Just want to cover all the bases. Any advice would be Great! Thanks in advance.

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