Bitcoin Forum

Hello, I am one of several lawyers representing a Hedge Fund that wishes to remain anonymous.
We are looking for a steady supply of Bitcoins at good prices. Our lowest amount will be in the range of $10,000 so you will have to be able to accommodate our demands.
ID Verification is required. ID verification is not required, this was a mistake on my part.

Cash transactions only.
Discretion is paramount.

We want to know the following;

Rates (% of current BTC value)
Maximum amount of BTC you can supply on a weekly or monthly basis.
What state you are in. (We have people all around the country.)

Regards, B

P.S We understand the nature of these things, so for new sellers we can do a smaller amount of $5,000 USD for our first transaction.

Bumping this.

I'll be happy to hold coins in escrow while funds are verified and cleared.

8% over stamp.  Can do 50-100k/week.

You can either trust me (if you don't want to pay escrow fee), use localbitcoins as escrow or any escrow on here I am also ok with like dooglus.

I have over 3m of verified transfers on twoplustwo.com, a poker site, if that matters to you at all.


Edit: Just noticed that you perhaps want to meet in person.  This would have to be in socal or nevada.

Don't listen to this idiot ^^ but you can trust tomatocage

In before this never happens

Sounds interesting.  Where are you located?

This does indeed seem to be a recurring theme: Register a new account. Post up a WTS/WTB thread immediately afterwards. Log out and never sign back on.

...wishes to remain anonymous. Discretion is paramount. But seller has to provide his ID? WTF?

If you live anywhere near me I will meet you and do this deal.  Post or PM me your location.

IF you are for real, ill meet you in SC and can handle your volume. PM me to discuss pricing.

I am in Colorado, Denver area.  

I have several large customers in my area that buy from me on a regular basis.

I met all of them through https://localbitcoins.com

Try it.  You may find exactly who you are looking for.  Most people usually do a transaction of less than $5,000 first, meet and see if there is a fit.  If so then you can work out an ongoing deal with them.

I have good customers that pay me a set markup on the average price on a given day each month.  For example we take the average value on the 12th day of the month, mark it up the agreed amount and that is our deal each month.  I set aside the coins and we meet within the next few day after the 12th (depending on our schedules).  They give me the cash, I give them the BTC.  Once you know and trust someone you can do the deals outside the localbitcoins escrow (1% fee) but until I know someone well I always just use the localbitcoins escrow.

Good luck.

Couldn't have said it any better sir ;)

We can do it better than anyone else!

We are indeed a very serious organization. I will PM each one of the offers to discuss in more detail.

Edit: There seems to be an issue with the PM system. I am getting a message saying I cannot post from my IP, even though it has been over 325 seconds since I sent my first PM.

You can use proxy to circumvent such issues and if you're using Chrome there's Hola Better Internet. By the way, you can post publicly in our open thread here about the deal https://bitcointalk.org/index.php?topic=524457.0 before sorting your new account!

PM's have been sent. If I missed you, please PM me with the required information.

Whoever is selling coins, please make sure they are a real hedge fund.
Do your due dilligence by contacting the hedge fund directly and verifying.

"Hello, I am one of several lawyers representing a Hedge Fund that wishes to remain anonymous."

Whether from a fund or a "fund" cash is cash.

To all potential sellers:

If you live in the U.S. use extreme caution with this transaction.

FinCEN requires that a CTR (Currency Transaction Report) be properly filed for transactions that exceed $10,000.  If the seller is unwilling to provide the necessary information to file the report, there is a very real possibility the the buyer is an undercover agent, and you are at significant risk of being charged with a federal crime.

Furthermore, structuring multiple transactions for the purpose of avoiding the CTR requirements is also a federal crime.

Undercover agents can and will lie to you. This does NOT provide you with an "entrapment" defense.  "Entrapment" in the legal sense is NOT as simple as T.V. and movies portray it, and requires a very specific set of criteria be met.

If the buyer actually is a lawyer (I highly doubt this), then he is aware that what he is asking is illegal and he can be subject to disbarment for his involvement in this.  I highly suspect that at least one of the people that contact him will report him.  If the buyer is not an undercover FBI agent, then if (when?) he is arrested, it is quite possible that he will cooperate with the FBI to assist them in arresting you.

I have sold cars, rare baseball cards, works of art, and other property for more than $10,000 and never once filled out a form.  Why are you so concerned about these forms?  They do not apply to the sale of property and we all know the IRS considers BTC to be property.

I have never stated, nor will I ever state that my client is buying $10,000 and above per transaction. There will be several smaller transactions for several reasons. I nor any of my colleagues will ever do an illegal transaction.

Edit: If we ever do, deny the transaction and walk away.

Regards, B

And FinCEN does not consider BTC to be property.

I would side with the IRS for now, until some other gov entity serves my purpose better.

This applies to the original party. If another entity(s) come into the picture at a different time while the first deal has been concluded, structuring will not be present.
"Hello, I am one of several lawyers"

I have merely stated $10,000+ for the volume of BTC needed. Never have I stated it was for a single transaction.

doesn't sound fishy at all.

Side with whoever you want, but when the FBI comes knocking, you'll discover that "The IRS says" is not a valid defense.

I'm pretty sure you are not. (And if you are, then you're not a very good one).


What you said was:




In otherwords:

We want amounts larger than $10,000.
We are not cooperating with CTR requirements.
We can structure in the beginning if you prefer.

A hedge fund would wanted to purchase anonymously would probably
not say "we are a hedge fund who wants to purchase anonymously".

Had I said it was for a private person but didn't want to show any credentials it would be fishy too?



We do want amounts larger than $10,000. Correct. We did not specify at what intervals, again, I merely stated that the person selling the Bitcoins needs to be able to handle this kind of volume.
We are in 100% cooperation with CTR requirements and regulations, in the sense that we needn't worry about filing anything, as amounts will not be structured. I have already explained in my post above how it would be done. This thread is merely a show of interest, details would come in the form of PM's.

Please refrain from side-tracking this thread.

Regards, B

What's wrong with amount less than $10k? But with all due diligence we can handle $100k per transaction!

But yet you have no feedback for sales of more than $500 and can't sign a wallet with a large sum of BTC in...be careful folks.

Didn't get a PM.  Still willing to trade over localbitcoins.com (as anonymous as it gets over the web with built in escrow) or other platforms for large amounts.  The guy that attacked me below my reply is simply upset that I didn't want to invest in his website.  If my rates are too high that's a separate issue, but they are priced that way because of scammers.

Could be a trap but always be careful with who you're dealing with;)

Sounds like a trap, I offered him escrow services, being physically present inside bank walls to do a cash transaction or him sending first, he wasn't interested in any of those.

So he just expected you to send $10000 of bitcoins based on trust?

No surprise there. He's a brand new users with no significant history on this site offering large transactions with minimal identification.

"I'm one of several lawyers", "We have people all around the country", and "representing a Hedge Fund" are phrases meant to make you feel like you can trust him.

$10,000+ is an amount meant to make you feel like you've found a great opportunity.


Classic scam artist techniques.

This is for FACE TO FACE transactions. There is no need for escrow services. If you want, you can bring someone with you. It is cash only.


I have not even replied to your PM. Why spread false accusations? I just got onto the website. We are not willing to do business with you.

However, if someone else wants, we can do a transaction inside a bank, without problems. You can have all the bills verified, we are not scammers, we are legitimate.

I have not given you any reason to doubt me and yet it seems this thread is being hijacked by fear, pity.

Well I apologize then.  I figured you had had ample time to reply and had likely seen the PM via e-mail at the very least if not on the site.  My goal is not to instill fear because that does zero for me quite honestly.

I would have no problem doing a face-to-face, cash for BTC transaction at my bank.  I would simply have the bank count and verify all the bills, and then transfer the BTC to you.

I see no problem doing business this way.  Perfectly safe for all parties involved.  Right now I am not selling at this price but once the price goes up a bit I will re-contact you and we can do the deal.

If anyone else is selling at this price and they can meet at a bank in this way then go for it and report back.

Good luck.

All messages will be replied to in ample time, I am a busy man but this will happen. BurtW your latest offer has peeked the interest of my employers.

We can talk to get this done anytime no matter what the price is!

Also willing to meet in a bank and sell for bitstamp + 5%, can do a couple thousand at a time, if more is desired, would need a couple days notice before meetup.  PM if interested.

I can arrange any amount you want with a simple cash deposit at various banks such as Bank of America, Wells Fargo, PNC

I run www.Bitcoin-Brokers.org

Here is the review thread:

https://bitcointalk.org/index.php?topic=237164.0

Is this you or a competitor?

https://www.finalternatives.com/node/27007

I cannot disclose that information.

Never got any PM from you;) And no reply with the PM;(