Laopooh posted:

I am interested in some doges to use the scant remainder of my bidenbux on. Where should I forward my payment info?

(I do want to buy a few, dunno where to get them though and goons are infinitely better than google so I thought I'd ask ^^)

Laopooh posted:

I am interested in some doges to use the scant remainder of my bidenbux on. Where should I forward my payment info?

(I do want to buy a few, dunno where to get them though and goons are infinitely better than google so I thought I'd ask ^^)

Paladinus posted:

Elon Musk

orange juche posted:

don't buy crypto, dummy. light the money on fire instead, it will at least be fun for others to watch and it will be less damaging for the environment.

Ccs posted:

I don't understand how any of these people trading crypto are managing to do their taxes. It seems like every more of a goddamn nightmare than taxes usually are.

Laopooh posted:

I am interested in some doges to use the scant remainder of my bidenbux on. Where should I forward my payment info?

(I do want to buy a few, dunno where to get them though and goons are infinitely better than google so I thought I'd ask ^^)

Laopooh posted:

I am interested in some doges to use the scant remainder of my bidenbux on. Where should I forward my payment info?

(I do want to buy a few, dunno where to get them though and goons are infinitely better than google so I thought I'd ask ^^)

Fur20 posted:

im the most trusted bit coin exchanger on this site ;;;;^^

i only operate in transactions of at least $120,000 and i take a 30% intermediary's fee <3

Ccs posted:

I don't understand how any of these people trading crypto are managing to do their taxes. It seems like every more of a goddamn nightmare than taxes usually are.

tehinternet posted:

What is 30% of moon

Zeppelin Insanity posted:

imagine buying a 2000 regdate account to fit in with the kids olds

Laopooh posted:

Lol dude I don't follow this thread. I just kramered in to don't be mean to an OG (old goon)



(I'll sell my regdate for a few GoonCoins and a dry handy)

nomad2020 posted:

I'll agree that coinbase has the most to lose, but they also don't sell doge likely for related reasons.

HIJK posted:

bitcoin will be taxable income very soon.

Lamebot posted:

Have you considered buying a bunch of tree saplings and planting them in random places in your locality instead?

blunt posted:

Are you really even a captain of industry if you're not poisoning drinking water?

priznat posted:

Instead of solving Sudokus to buy heroin you are now storing Sudokus to buy heroin.

Winged Orpheus posted:

They actually added the crypto question to the 1040 in 2019. Also you can try to not report, but if your exchange deals in actual dollars instead of just tetherbux, they're required to report it for you. You still have to claim it on your taxes, but the IRS knows you got money and will be looking for it on your return.

Paladinus posted:

“the wonderful crypto community”

Laopooh posted:

Zamujasa posted:

self-regulating slow turd

quote:

Multiple US agencies probing world’s largest cryptocurrency exchange
The IRS, DOJ, and CFTC are looking at potential criminal violations.

Binance, the world’s largest cryptocurrency exchange, is under investigation by a laundry list of US government agencies, including the US Justice Department, the Internal Revenue Service, and the Commodity Futures Trading Commission, according to a report by Bloomberg. The agencies are probing Binance for potential criminal violations, the report says, though the company has not been accused of any wrongdoing.

The investigations come on the heels of a report by Chainalysis that traced $2.8 billion worth of illicit bitcoin on exchange and trading platforms. Of that, $756 million went through Binance. Most of the suspect accounts received small amounts, but the majority of the illicit cryptocurrency flowed to a few hundred accounts that received between $100,000 to $100 million. Government officials are said to be focused on money laundering and tax evasion.

The recent ransomware attack on the Colonial Pipeline that led to gasoline shortages has sharpened the focus on cryptocurrencies’ role in illegal activities. In that case, it's reported that Colonial paid the attackers $5 million to return control of the pipeline’s operations. In another, a ransomware gang recently posted personnel records from District of Columbia’s Metropolitan Police Department after the department didn’t cave to their demands of a $4 million ransom. The group, known as Babuk, is behind other ransomware attacks and frequently requests payment in bitcoin.
Among cryptocurrency exchanges, Binance is a giant. In the last 24 hours, over $60 billion in trades flowed through Binance, more than triple its nearest competitor, Huobi, and far outpacing the US-domiciled Coinbase. Binance has risen quickly since its founding by CEO Changpeng Zhao in 2017 in Hong Kong. Today, the company is incorporated in the Cayman Islands and has an office in Singapore but reports that it has no official headquarters.

IRS agents have been investigating Binance for months, Bloomberg reports, and they are apparently scrutinizing both account holders and employees of the company. The CFTC is looking into whether Binance allowed Americans to trade illegally on the platform—US residents cannot trade cryptocurrency derivatives unless the company offering them is registered with the agency. And the Justice Department has reportedly assigned the investigation to its bank integrity unit, which handles particularly complex cases.

This isn’t the first time Binance’s name has appeared in criminal probes. Earlier this year, the company appeared in two separate criminal cases, though it was not accused of wrongdoing in either. In one case, in February, two Florida men were caught running an online fentanyl ring, and prosecutors alleged that one deposited the proceeds into a Binance account. In the other, federal prosecutors demanded the forfeiture of nearly $450,000 in cryptocurrencies held by a 20-year-old Ukranian, who had exchanged the bitcoin for Tether, the cryptocurrency that was formerly pegged to the dollar.

Another cryptocurrency exchange, BitMEX, was charged in October for violating the Bank Secrecy Act. The exchange allegedly allowed thousands of US customers to trade on the exchange even though the company claimed they could not. Three company officials have pleaded not guilty and a fourth is still at large.

SLICK GOKU BABY posted:

USD for poo poo

Stealthgerbil posted:

If you do have to touch the poop, you wait till no one cares about poop, grab a handful of it, fill up a sock, and stash it somewhere for a few years until touching poop becomes trendy again.

Shumagorath posted:

Speaking of sharks: they're circling Binance.

https://arstechnica.com/tech-policy/2021/05/binance-the-biggest-cryptocurrency-exchange-reportedly-under-investigation/

Kinda gross that it took an oil pipeline getting ransomwared to finally get the US government to start choking off crypto when plenty of schools, hospitals, police departments and the Fortune 500 have all been hit, but I'll take what I can get.

Stealthgerbil posted:

If you do have to touch the poop, you wait till no one cares about poop, grab a handful of it, fill up a sock, and stash it somewhere for a few years until touching poop becomes trendy again.

spunkshui posted:

Or don’t touch the poop because tether just revealed it’s literally under 4% backed by actual liquid currency.

Gazpacho posted:

the vanguard federal money fund has 0.000003.5% cash holdings (out of 64.7% liquid holdings) so harping about the 4% is just clickbait

(the vanguard federal money fund also reports its portfolio holdings to the SEC and retains an auditor)