Could Coinbase, GDAX or Binance report something?

[respect]

Hi,

I would like to know if this could be something feasible to convert fiat to crypto and store it in a cryptocurrency hardware wallet, without being reported to tax authorities.

1. Transfer from Bank/EMI to Coinbase in EUR
2. Transfer EUR from Coinbase to GDAX
3. Buy BTC/BCH/ETH/LTC in GDAX with EUR
3.1 Send cryptos from GDAX to Hardware wallet
4. Transfer BTC/BCH/ETH/LTC to Binance
5. Buy other cryptos
6. Send cryptos from Binance to Hardware wallet

Bank transfers would be below 3.000 € each time (multiple each day), and total amount would be above 200.000 € (within a month or so).

Of course, this is something that has just come to my mind, and would like to know your opinions. Not saying that I am going to implement this strategy in any way.

 

[moneromadman]

It would depend to what extent they persued the transactions through the blockchain.

1, 2 and 3 as above.
4. Buy Xmr on gdax
5. Withdraw to full node Xmr wallet on VPN
6. Trasnfer to another node wallet using maximum ring settings (the more times the better)
7. Transfer to binance
8. Do as you wish

 

[respect]

moneromadman said:
It would depend to what extent they persued the transactions through the blockchain.

1, 2 and 3 as above.
4. Buy Xmr on gdax
5. Withdraw to full node Xmr wallet on VPN
6. Trasnfer to another node wallet using maximum ring settings (the more times the better)
7. Transfer to binance
8. Do as you wish
Click to expand...

Correct me if I am wrong, but GDAX does not support XMR. GDAX supports BTC, BCH, ETH and LTC

 

[moneromadman]

respect said:
Correct me if I am wrong, but GDAX does not support XMR. GDAX supports BTC, BCH, ETH and LTC
Click to expand...

OK I don't use gdax never had the need but the principle stays the same. Buy xmr with fiat and transfer between node wallets.