Hello OCT!
A little story first....
Many years ago I was working as a software developer contractor for a crypto project. Completely paid in BTC, no contracts whatsoever. It turned out that the project was a money grab, with owners disappearing, however I was paid in full. I still have the coins from those days and they have appreciated eye watering sums. The coins I have are clearly dated as very old, and received when they were worth tens of thousands of USD. However.....
Cashing out to paper currency is no problem. Good for buying new shoes and food ... But I want to buy properties to generate passive income.
If I sell them on exchange there is a non 0% chance I will be blamed for the moneygrab because these coins are directly linked with the project I was working on. I did the mistake of deleting all comunication, all left is coins.
Even after all these years, the coins dont get flagged in exchanges/aml software. Maybe everyone has forgotten. But what if someone files as victim and red flags come up 5 years later? Not a way to sleep well.
As I see it, it boils down to cash > ?????? > real estate in my (or my companys) name.
How would you solve this problem? How much would it cost? I am located in EU but could partially relocate to UAE for example.
A little story first....
Many years ago I was working as a software developer contractor for a crypto project. Completely paid in BTC, no contracts whatsoever. It turned out that the project was a money grab, with owners disappearing, however I was paid in full. I still have the coins from those days and they have appreciated eye watering sums. The coins I have are clearly dated as very old, and received when they were worth tens of thousands of USD. However.....
Cashing out to paper currency is no problem. Good for buying new shoes and food ... But I want to buy properties to generate passive income.
If I sell them on exchange there is a non 0% chance I will be blamed for the moneygrab because these coins are directly linked with the project I was working on. I did the mistake of deleting all comunication, all left is coins.
Even after all these years, the coins dont get flagged in exchanges/aml software. Maybe everyone has forgotten. But what if someone files as victim and red flags come up 5 years later? Not a way to sleep well.
As I see it, it boils down to cash > ?????? > real estate in my (or my companys) name.
How would you solve this problem? How much would it cost? I am located in EU but could partially relocate to UAE for example.
