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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[–] shortwavesurfer@monero.town 2 points 1 year ago

Then my advice would be Don't seal it. Move it to something like Aave and take a "loan" out against it because then you don't have to deal with the capital gains tax.