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Like if you put the (parts of a multi-part) keys in a safety deposit box that belongs to the LLC
If you're the manager of the LLC, you control the keys. Your IRA owns 100% of the company.
You can roll the Roth account into a self directed IRA, where you create an LLC to hold the keys, lowest fees on large amounts, total control, can be a bit of a pain to set up and potentally costly (ie only pays for it self at higher levels of investment, but 70k/y will probably get you there)
tldr; The US SEC has charged John Woods, a Georgia resident, and two entities he controls—Southport Capital and Horizon Private Equity III LLC—with operating a $110 million Ponzi scheme. The scheme allegedly defrauded over 400 investors, including elderly retirees, across 20 states. Investors were misled into believing their funds were safe and would yield steady returns, but the SEC claims the returns were paid using other investors' money. A court has frozen the defendants' assets, and investigations are ongoing. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
\> Could you try a different protocol to a local bank, or is your only business account on Wise? Kraken supports SWIFT to non-US accounts. I only have Wise at the moment, so I'm looking for crypto-friendly banking. Just for more context: I accept payments via BTCPay (self-custody) and therefore I need to convert cryptocurrency to fiat somewhere to be able to correctly register income in documents in my country. My LLC is registered in the US, so I can't create a non-US account for it anyway :) \> And if Wise doesn't support ach and wires from cryptocurrency exchanges, but somehow still support such transfers from onesafe, they will shut it down as soon as they discover that onesafe is an exchange. Correct. I don't plan to use Wise for crypto payments. According to the Onesafe website, they support Swift transfers. If I understand their description correctly, this service is an analog of Redotpay or Trustee Plus, but for business – that's what I'm looking for. But there are catastrophically few reviews, so I want to try to find at least someone who has already used their service)
I am a resident of Ukraine and my LLC is registered in the US. Both of these countries are not supported by Redotpay (ыearch for "RedotPay Unsupported Countries", Reddit removes the link to the article) + there is almost no information on their website about whether they open an account for businesses
I need to be able to withdraw cryptocurrency, received from my business, to fiat. I have an LLC in US and the only service I could open was Wise, which prohibits cryptocurrency. So I'm looking for something that will allow me to interact with cryptocurrencies
The LLC didn’t sell anything. Most was locked and as some has come unlocked none has been sold. Revenue is from trading fees. You say blatant corruption and I’m only arguing where? I don’t like they started the meme coins at all. I also didn’t buy it. Meme coins are a joke. So many “experts” here claiming bribes, money laundering, etc. Where is it? Just typical Trump haters making shit up as if it’s fact. Again, I personally don’t like any of it. No more than I love Pelosi being a stock genius which NONE of you have any issue with. It’s all just the typical right vs left. I don’t think ANY of it is ok. I also don’t think it’s corrupt anymore than Pelosi. She uses info nobody else could have to make personal investment decisions. So the Trump family takes advantage of their name basically and you throw a fit. Little bit of hypocrisy don’t you think?
What if my business is solely crypto investing? Also, how do LLC treat overseas expenses? Let's say living costs of being a year in bali
And how do you use them to buy my lambo and my house? Can these be consider costs of my LLC? Even if personal use?
A crowdsourcing hedge fund backed by the billionaire Paul Tudor Jones looks poised to more than double in size with a big influx of cash from JPMorgan Asset Management. San Francisco-based Numerai LLC says it has secured a commitment of as much as $500 million from JPMorgan Chase & Co.’s asset-management arm to be deployed over the next year. The quantitative firm currently runs about $450 million. Numerai, which launched its first fund in 2019, buys and sells stocks based on trading ideas sourced from freelance finance quants. The latter are compensated in the firm’s native cryptocurrency, which they also use to signal confidence in their forecasts. The JPMorgan Asset Management commitment comes after Numerai posted a 25% return last year, rebounding from a big loss in 2023. Along the way, it delivered positive performance for 15 months in a row. “That’s when investors like JPMorgan started to be like, ‘Whoa, you guys aren’t just back, you’re way back,’” Richard Craib, Numerai’s founder, said in an interview. “People don’t really want to invest until there’s a track record. And when you’re doing something super unusual and different, like we are, they might wait even longer before they get excited.” A spokesperson for JPMorgan declined to comment. Numerai’s unconventional business model taps into a slew of hot Wall Street trends, including democratized trading, artificial intelligence, and cryptocurrencies. The fund’s strong performance comes as other quant firms also score decent returns, with many increasingly experimenting with machine learning to develop their trading signals. Wall Street’s interest in harnessing the wisdom of crowds has been growing in recent months following the success of prediction markets like Kalshi Inc. and Polymarket in forecasting the US presidential election. But while those platforms show skin-in-the-game wagers from a broad sample of bettors to derive relatively simple probabilities, Numerai seeks to develop sophisticated stock strategies with the help of highly skilled amateurs. It’s an approach with a decidedly mixed track record. Quantopian, a startup backed by hedge-fund billionaire Steve Cohen that crowdsourced its signals, shut in 2020 after poor returns. Numerai itself lost 17% in 2023. Craib said his team then tweaked the fund’s playbook so that it ditched losing trades more quickly. A smaller pool of high-quality users contributed to the subsequent recovery. Numerai lets members parse a whole assortment of data on 6,000 stocks across global markets from price history to valuation ratios, without users knowing what the underlying metric actually is. Participants then score each security, which are also obfuscated, on how likely they are to beat or trail in the coming weeks. Because the given data is abstract, machine-learning techniques are typically employed to produce trading signals. Users bet on their own predictions with Numeraire, a digital token issued by the firm. Those who do well get more “NMR” tokens, while those do poorly see their holdings shrink. Numerai builds a long-short portfolio based on how much of the digital currency members stake on their models. The Numerai One fund, which charges fees that are close to the hedge-fund industry norm, has delivered gains in all but one years since inception, including a 20% rally in 2022 when market collapsed. It’s estimated to be up about 6% net of fees this year as of Friday. An index of quant equity market-neutral funds kept by Aurum returned 7% in the first seven months of 2025. Frustrated Hedge Fund Investors Push Back on Sky-High Fees Craib likens his firm to multi-strategy hedge funds like Millennium Management LLC because its performance relies on a pool of diverse investment ideas. One major difference, Craib says, is cost efficiency. While Numerai recently bought back $1 million of its NMR tokens — to both reward stakeholders and ensure it has enough tokens in its Treasury to support staking and payouts — it generally costs nearly nothing to add new users. And no one is excluded as long as their wagers are backed by stakes. In contrast, funds such as Millennium typically spend tens of millions of dollars to lure talent, and once a strategy fails to deliver it can get shut down quickly. “It’s the question of waste: Did you really need to suck up that much capital and talent to make a hedge fund?” Craib said. “If you could have one hedge fund that was connected to all of the talent in the world and gave away very high quality data, then you would’ve really done something and changed finance.”
Post is by: Animalverse and the url/text [ ](https://goo.gl/GP6ppk)is: https://animalverse.social/community/p/22707/ Canary Capital Group LLC is seeking the U.S. Securities and Exchange Commission’s approval to list and trade an exchange-traded fund that tracks the price of a memecoin linked to President Donald Trump. In a registration statement filed on Tuesday, the firm proposed the Canary Trump Coin ETF. “The Trust provides investors with the opportunity to access the market for $TRUMP through a traditional brokerage account without the potential barriers to entry or risks involved with acquiring and holding $TRUMP directly,” according to the filing. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
Just put your crypto holdings under a LLC and then eliminate "profit" by using any profits to purchase assets to expand the business indefinitely
Sounds fun. I journal my trades; helps me track group performance over time. LLC or trust?
>and its backed by Google and IBM One step further. As far as I understand, Google and IBM are *owners* of the Hedera LLC. Along with the rest of the council.
Will you comment about Useless using stolen IP, trademarks, and copyrights ? The OG useless from 2021 dominated reddit last cycle, check r/UselessCrypto It's a registered LLC with trademark ownership of the logo and name . The logo is also copyrighted Have you got any comments to say about this?
That interesting because that link you provided takes you directly to a page where “Unlock Premium” is front and center and blasting you in the face. Just provide your email which then gets you spammed with offers to upgrade. Since you’re so transparent why do you make every effort to hide who you are? There’s no information whatsoever about the founders, creators, developers of this website. No business address or telephone number. No LLC company name provided… Hmm, I wonder why? Because there aren’t any. It’s all AI created garbage created to data scrape users and sell a crappy AI driven trading software. You’re not the creator. You clearly paid for ChatGPT or the like to make this crap for you to try to sell to make money and now your here acting like your this altruistic person just giving away this amazing software for free. What a joke. You’re aren’t fooling anyone. Or, ya knowknow, provide your name and that of your team.
"Brian Kelly *is Founder & CEO of BKCM LLC*, a digital currency investment firm"... of course he will praise BTC ....
My man you really have some research to do on taxes. This is all regarding taxes and taxation on realized gains. This is where it gets you short-term gains will eat 30% of your ROI. Especially if you are paying taxes to two separate governments. Cryptocurrency is not a completely clean way of avoiding taxes. The only clean way to avoid taxation on realized gains is to never sell. You only hold on to things and borrow against them repositioning as needed. This is why you're seeing a discrepancy between currencies. There's always fluctuation and volatility in currency. It's inherent in the way that the M2 money supply is created. You will always have to liquidate BTC in order to spend it in whatever country you are in less two countries that have adopted it as currency, but I don't see any major Powers swinging this way. It seems BTC will be a capital asset and not a monetary system directly. Even if you account for the lightning Network or a layer 3 solution, it's just not a good payment system. The underlying network is going to batch very large transfers and it will become a tool for Capital just like you mentioned using gold. But it relies on the internet. If the government decides that they want to freeze your wallet you're cooked. The only way to avoid this really is too offshore your accounts and create an LLC outside of the country you live in. If you're prepared to hold it forever, then there really is no difference in whether you invest in. Dollar cost averaging will get you where you need to go, regardless of what the investment is, as long as it is sound financially. And actually the stock market long-term can't be beat by Bitcoin, not just yet. There has not been enough time to establish predictability. It's still considered a volatile asset. So if you do have to liquidate you're still going to be dealing with fiat.
i agree - your numbers also show how Moss is overly optimistic, which is why i use more conservative estimates. based on above max drawdown %, the model showing the ratio of peak:trough shows a downward trend. 2013-2015 -87% (1150:170) **0.852** 2017-2018 -84% (19800:3200) **0.888** 2021-2023 -77.5% (69000:15500) **0.775** Each cycle's largest crash is still severe, but the relative depth of the drawdown has been shrinking. that indicates bitcoin is maturing, and is still volatile, but less volatile as price increases. However, i think Moss is optimistic is because makes two assumptions - the volatility will drop faster than is modeled (should be at 0.699 in 2030, not 0.5), AND he thinks BTC CAGR will be at 53% for 5 years. i think expecting higher volatility (0.75), and lower CAGR (20%) is a more realistic prediction. i also think Saylor is within ballpark, but he has a LLC he can walk away from. For my personal savings, i think expecting BTC to underperform 29% gives me something to look forward to if his crystal ball is better than anybody else's.
This doesn’t sound right, you would still report your earnings. Businesses and LLC’s are allowed to own property. The conversion would be an unnecessary taxable event. It’s likely just something you’d ask your payment processor company then as far as anyone is concerned you take the payment like any other tap or qr payment.
Good points u/Stock_Letterhead_719. You're right that some investors use Checkbook IRAs or multi-sig setups to hold keys, but there are risks worth knowing. With a Checkbook IRA, if you control the LLC and the wallet, the IRS could see that as taking possession of IRA assets. That can lead to taxes or even disqualify the account. The McNulty v. Commissioner case showed how that can happen. With multi-sig, even holding one key might be seen as too much control. The IRS hasn’t given clear guidance, which creates gray areas. At Accuplan, we stick to institutional custody through Coinbase to avoid these issues while still giving clients direct crypto exposure in a Roth or Traditional IRA. Self-custody has its appeal, but for tax protection and compliance, it’s good to understand the tradeoffs.
As far as I am aware, there are actually two Tax Advantage IRA options where you can hold the keys, kind of. This is not investment advice! First option is a Checkbook IRA/LLC, start an LLC, purchase Bitcoin through the company and let the company hold the keys. This could run afoul with the IRS but seeing as the IRS has been seriously downsized, I doubt it'd be a problem. Second option is Unchained Capital's Bitcoin IRA. You purchase Bitcoin through them and you hold part of the keys in a multi signature setup.
tldr; Lake Superior Academy, a Canadian elementary school, has filed a lawsuit against a nearby cryptocurrency mining center over persistent noise issues. The mining operation produces a high-pitched metallic hum, disrupting outdoor activities and classroom plans. Despite attempts to resolve the issue, the noise continues, even after temporary court-ordered shutdowns and noise-reduction measures like hay bales. The mining center, owned by Odessa Partners LLC, has yet to respond to the lawsuit, citing financial losses from halted operations. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Side note, you and your partner could create an LLC to purchase the new home, wherein you could have terms for dealing with an early dissolution of the business should the relationship sour. Kinda like a prenup minus the marriage. Plus it would be another layer of financial protection in case the housing market bottoms out.
Side note, you and your partner could create an LLC to purchase the new home, wherein you could have terms for dealing with an early dissolution of the business should the relationship sour. Kinda like a prenup minus the marriage.
Correct, and this is what I do with an S-Corp. so if someone wants to setup an LLC or a corporation and then start their own solo 401k, that’s how to do it.
You need an LLC or something like that to hold retirement assets. You can’t hold them yourself. This has been confirmed by legal decisions regarding precious metals holdings.
TrustMeBro LLC has spoken.
Mine bitcoin at abundantmines.com insured hosting. The bitcoin you earn comes from the mining pool of your choice, often offshore. Report the earnings as you choose to fit: LLC, trust, Roth IRA, etc...
Sometimes it's Hopium LLC
I think you are confused about what an HOA is and I don't know what you mean by "HOA should be the entity that profits from property sale" There is reason for title agencies and real estate brokers and simply put is that you are putting trust in known centralized organizations to ensure you are paying for the real rights and no one is pulling a fast one on anyone. Replacing that with a trustless crypto version sounds nice and will eventually be a reality however imagine the scams for a second. Imagine the potential for issues. When you get your crypto wallet scammed you might be out $100, $200, maybe you're ones that have a lot of money but the minimum is small. Dealings with real estate the minimum is a lifetime of work for most people, most average people would want something traditional and easy to be worry free with. Lower stakes such as renting automatically building equity via smart contracts towards potential purchases but what happens when some unscrupulous property slim lord comes in and does this and then after decades of building equity the slum lord doesn't give the equity and leaves overseas or had an LLC protecting them or something
Not sure how you want to do the back end of paying yourself from your company or LLC but as far as the Coinbase side, you can do a recurring buy either daily, weekly, biweekly or monthly for whatever amount you’d like
That and a 225 year old $800B publicly traded company under SEC scrutiny is also less likely to be fraudulent than a start up LLC operating in the shadows.
Generational wealth. Set up a FamilyName LLC and stop paying taxes. Everything legally possible is a business expense. Bring kids on as partners to avoid inheritance taxes. Learn the tricks that rich people use to stay rich. My goal is that my great grandkids will be rich.
US is the best place to have a LLC in Wyoming and live elsewhere with territorial taxes but that's about it
Hey Meklonar thanks for the questions Ill answer the third one first! And Ill loop back aroud to the other two ! There are a number of businesses operating in broadly the same space as us, including One Trading (a strategic partner of ours), Zodia Markets, Crossover Markets, Crypto Finance AG, Hidden Road LLC. However, none of them have as sophisticated a product offering as we do. It is our view that nobody has managed to put the pieces together to bridge digital assets with TradFi in the way we have. What we are doing is not as easy as many might think, and there have also been a number of very heavily backed businesses trying to operate in this space, that have failed to get a viable business model up and running, and have folded, such as Pure Digital for example, which was backed by BNY Mellon and State Street.
OMG, kid. You got this. Work your ass off and be the best you can be; don’t spend more than you make, stack sats, save your money, and flip off all your previous employers and LLC partners for me when you Lambo.
It’s not back traceable and recoverable by an institution. The feature is that it’s not a bank. It doesn’t tell you who you can send money to or not. It doesn't have a 5k daily transfer limit, etc. the bank can’t step in and tell you “no you can’t send to that person” But, unlike a bank, if you put in the wrong bank account and routing # for an ach push on accident, you can just call and have it cancelled, there is no stop payment or reverse with btc. The feature is it isn’t governed by a private organization or government. And part of that feature is that when you send to the wrong address you can’t just call BTC LLC, or the U.S. department of BTC and have them fix it for you…
This take was brought to you by TrustMeBro LLC.
Converting to an LLC IRA so you can own your own keys…it takes some time but then you eliminate the risk of CEX failure (FTX, BlockFi)…don’t ask why I know….
Unchained is a solid choice for self-custody IRA, that does not require a complicated trust or LLC setup. They are currently the only custodian that accepts in-kind BTC transfers in - if you wanted to transfer from a custodial bitcoin IRA like iTrust or Bitcoin IRA, both pluses. That said, I like AdvantaIRA - when partnered with River and The Bitcoin Adviser, as an alternative. IMO there is more control over each aspect of the IRA - custodian (direct relationship), exchange (direct, and allows to time bitcoin buy transactions), and self-custody (TBA multi-sig, collaborative security). You can also set up self-directed HSA, Solo 401K with them. Each is also very high-touch in terms of customer service. Here's a good video overview. Happy to answer any questions here or send me a message. [https://www.advantaira.com/blog/the-advantages-of-bitcoin-in-self-directed-iras/](https://www.advantaira.com/blog/the-advantages-of-bitcoin-in-self-directed-iras/)
Yeah it came off like you were trying to be an ass but yeah as far as the LLC goes I mean obviously using personal credit to co sign for business loans until I can establish some business credit … use business account to DCA bitcoin weekly … if you have great credit you can still get business funding you have to have a plan that the bank can see in regards to potential revenue growth etc of your business .. you can get startup loan or equipment loan many different types of loans you can get to jumpstart business
You're right to be asking questions, am sorry for causing offence. The point I meant to make was made better by someone else in comments. It's a very individual thing, only you know the answer. If I could rephrase it I'd probably tell you that we can't really advise on it. I wasn't being funny when I asked about how you will get credit from the LLC. That was genuine curiosity, I have a company I'm thinking of doing the same with it but I've never applied for commercial credit.
So I can’t ask questions on a public forum and get other perspectives bc I’m 30 ? You’re weird af I don’t need the internet to tell me what to do I needed some perspectives to see if I can get some that differ from my thinking and my LLC will get funding leveraging amazing credit clearly
I’m fully 100% all into bitcoin I don’t plan on selling .. I feel like I’m behind I’m 30 years old and just want to stack as much as possible I don’t care what price does I already know the endgame theory … I’ve created an LLC to try and leverage credit and business loans by years end to acquire a lot more than I would DCA weekly
Awesome! Crypto assets held through Composer are custodied by Alpaca Crypto LLC. While crypto isn’t covered by SIPC insurance like equities, assets are held 1:1 in segregated wallets.
I think they all use Coinbase, except for Fidelity which self-custodies. However, Google's "AI overview says ARKB uses multiple custodians: > The ARK 21Shares Bitcoin ETF (ARKB) is custodied by Anchorage Digital Bank N.A., BitGo New York Trust Company LLC, and Coinbase Custody Trust Company LLC. This represents a diversification strategy for the ETF, as it's not reliant solely on one custodian. This move also highlights the growing trend of using multiple custodians in the crypto ETF space to enhance security and reduce concentration risk. I don't know if this is accurate or not. Do keep in mind that Google's AI bot is the one that suggested using glue to stick the cheese to the crust on pizza.
Well, let me straighten this out a little. If it’s an LLC, likely is a disregarded entity for tax purposes (files as part of his return), or operates as an S-Corp, which would flow through the income to him. Either way, he was responsible for the tax, not the LLC.
The business would still owe taxes on the profit (the ETH received and the price at the time of transaction). In your scenario, your LLC would owe taxes. Would that be better than income tax? idk
What if he sold the NFT under a LLC, said LLC then spend all the money to reinvest in a 3mil property, which he can then rent for 1cent a month? Would any tax be owed that way?
tldr; Former Ripple Chief Risk Officer Greg Kidd is set to take control of Know Labs, a company specializing in non-invasive health monitoring solutions. Kidd's affiliate, Goldeneye 1995 LLC, will acquire a controlling interest in Know Labs, with Kidd becoming CEO and Chairman. The deal includes a 1,000 Bitcoin investment as part of the company's treasury strategy. The transaction aims to leverage Bitcoin for sustainable growth and is expected to close in Q3 2025, pending shareholder approval and other conditions. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Well, let’s put things in perspective. There are lots of people out there who understood leverage but lost all their money and then some in numerous recessions, crashes, etc. Anyone who understood/stands Bitcoin also understands that its success has never been guaranteed. The thesis is strong and the use of debt shrewd, but if macroeconomic conditions didn’t cooperate and/or if Bitcoin wasn’t adopted the way it has been, OP could have found himself in a mountain of debt. And considering he used personal loans as opposed to using an LLC or other protected entity, he would have been, simply, fucked.
Hi, removing the standardness limit for OP_RETURN outputs in Bitcoin Core will not add ~1MiB of data per block, no. This change does not affect the block size, in fact it does not affect any of Bitcoin's consensus rules (OP_RETURN outputs are unbounded by consensus). You may have read misinformation that this change would somehow affect the cost of running a full node. This is not true. It is part of a propaganda campaign to benefit a company (Ocean LLC) and get users to run an alternative, poorer quality, Bitcoin client (Knots).
The LLC is insanely expensive, complicated, and bureaucratic, I dont see it as a real viable solution tbh The buying and sending a portion of Moons by our advertisers to the community fund sounds much simpler and better.
how long would it take to get LLC done? can we get it done before all distribution moon ends?
Okay, thanks. But at some point, we need to get the LLC rolling. We do not want a gap in distribution. That could be devastating for Moons. The project would look dead in my opinion.
I can do that now with my LLC IRA, but I cant hold them in my own wallet. Any idea if you get to hold your own keys?
Talking a lot of shit for someone who lives in a trailer in Winchester. Fucking dumb doing this with an LLC registered to your home address my guy.
On March 25, 2025, the Trump-affiliated crypto platform World Liberty Financial published its own stablecoin, USD1. Before the 2024 Election, the Trump Family launched their own crypto business, World Liberty Financial. What this business does is not entirely clear, but their stated goal is to make America great again by driving the mass adoption of stablecoins and to bridge traditional and crypto finance. They have stated their intention to create a blockchain-based "credit account system" to decentralise lending and borrowing and extend lines of credit in various digital currencies. At this stage, WLF has only sold governance tokens, accumulated a portfolio of other tokens, and had a limited launch of its stablecoin offering. However, WLF may provide services similar to those of an investment bank, like Charles Schwab, for the crypto space in the future. The leadership consists of Donald Trump Jr., Eric Trump, Alex, and Zach Witkoff (sons of Steve Witkoff) and their friends Chase Herro and Zachary Folkman (who have a problematic history in the crypto industry). Donald and Barron Trump hold the flattering but unofficial positions of Chief Crypto Advocate and DeFi Visionary, respectively. World Liberty Financial claims to be a 'DeFi' platform, meaning it is decentralised. In the crypto world, decentralised organisations are not run by a central authority like a board of directors, but are democratically run by those who hold governance tokens (the crypto equivalent of voting shares, kind of). Some organisations are called DAOs (Decentralised Autonomous Organisations), in which token holders vote on proposals (with their votes being recorded on the public blockchain). These are then executed by smart contracts that follow preprogrammed rules. You don't need me to tell you this, but World Liberty Financial is not decentralised. It is, in fact, a Delaware non-stock corporation owned and controlled by WLF Holdco LLC (which holds $22.5 billion worth of $WLFI tokens), which is owned by DT Marks DEFI LLC, a Trump family business. While they offer governance tokens ($WLFI), real power is concentrated. The $550 million worth of governance tokens sold so far allows holders to vote on some proposals. However, most of the tokens are owned by Trump organisations, and the outcome of the votes does not need to be honoured. All significant decisions are made by DT Marks DEFI LLC, Axiom Management Group (AMC), and WC Digital Fi LLC. Furthermore, these tokens do not confer ownership rights or a share of WLF's revenue. Instead, WLF retains $30 million of the revenue for operational expenses. The remaining revenue is split with 75% going to DT Marks DEFI LLC (the Delaware based company owned by the Trump family), 12.5% going to Axiom Management (a Puerto Rican based company owned by Chase Herro and Zachary Folkman), and 12.5% going to WC Digital Fi LLC (owned by the Witkoff family). $550 million worth of WLFI tokens have been sold. At this stage, they are not transferable. However, it has been suggested that this may change in the future. A separate concern is who owns these governance tokens. To avoid SEC registration and oversight from the CFTC and Treasury, $WLFI was initially only offered to those on a white list of non-U.S. persons and accredited U.S. investors. This means that most $WLFI holders are not from the United States. Justin Sun, the owner of the crypto company TRON, who was facing SEC Fraud charges before they were recently dropped, owns $75 million worth of $WLFI and is an official advisor. Recently, the United Arab Emirates pledged to do $2 billion in business in USD1. Mr Witkoff, Mr Folkman and Mr Herro met with the Prime Minister of Pakistan, Muhammad Shehbaz Sharif, and other Pakistani officials to discuss World Liberty Financial. Zach Witkoff has openly said that World Liberty Financial is targeting the business of sovereign investors and major institutions, intending to integrate WLF's stablecoin, USD1, into their strategies for cross-border transitions. In April 2025, an Emirates-based crypto market maker, DWF Labs, accused of market manipulation by the Wall Street Journal, purchased $25 million worth of $WLFI tokens in a private deal and agreed to provide liquidity for an upcoming "USD1" stablecoin launch. On March 25, 2025, the Trump-affiliated crypto platform World Liberty Financial published its own stablecoin, USD1. USD1 already has a market cap of over $2 billion. The top four fiat-backed stablecoins, in order, are USDT (Tether), USDC (Circle), BUIDL (Blackrock), and USD1 (World Liberty Financial). The reserve funds for the stablecoin are held by BitGo, a digital asset trust invested in by Crypto Csar David Sacks. Currently, USD1 is issued on the Binance and Ethereum blockchains, with 99% of its supply coming from Binance. Binance is a Chinese blockchain run by a Chinese company fined over $4.3 billion for money laundering.
# Trump's Crypto Grift—Step-by-Step 1. **Launch a Token with Zero Utility** * The $TRUMP coin (and others like it) serves no real purpose—no tech innovation, no ecosystem, no use case. * It's driven purely by **brand loyalty and speculation**. 2. **Control the Supply** * His entities (like CIC Digital LLC) reportedly kept **up to 80% of the token supply**. * That gives them total control over the price through market manipulation. 3. **Attract Big Buyers** * People, companies, and foreign interests who want access to Trump or favors **buy millions in the coin**. * This **drives up the price** quickly due to limited available supply (thin liquidity). 4. **Sell into the Hype** * Trump’s side **dumps tokens quietly at peak prices**, walking away with massive profits—hundreds of millions to billions. * Meanwhile, retail investors and “loyalists” are left holding the bag. 5. **Buy the Dip** * Once the hype dies and price crashes, Trump-affiliated wallets **buy back in cheap**, and the cycle begins again.
>outside the US Jurisdiction (banned in the US). This doesn't prevent other governments from getting those records and sharing them , USDC themselves for sharing that info with US regulators(Circle Internet Financial, LLC, a U.S.-based fintech company.) , or the IRS or USG from subpoenaing the foreign exchange Why not just use a DEX ?
It looks like it hasn't been refilled yet. But the community chest used to replenish it will eventually be used it up at some point. There's already discussion on setting up an LLC so that distribution will come from all the funds collected from AMAs, banners, sponsors, events, etc... so it becomes a continues cycle that never runs out.
I just moved more than 1.3M USD in Bitcoin in a single TXN to a wallet controlled by my LLC. I didn't even bother with a test txn. Have some damn conviction and Live Free or Die!
tldr; Social media star Haliey Welch admitted on her podcast that she lacked knowledge about cryptocurrency before launching her 'Hawk Tuah' meme coin, which crashed by 95% shortly after its release. Welch stated she only earned a marketing fee and felt bad for those who lost money, acknowledging she trusted the wrong people. The coin, launched on Solana, faced allegations of being a rug-pull and saw its market cap drop from $500 million to $25 million. Welch has since distanced herself from the project and the LLC behind it. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
tldr; Investors in the Hashling NFT project have accused founder Jonathan Mills of misappropriating millions of dollars from the project and a related Bitcoin mining operation. A lawsuit filed in Illinois alleges Mills lied about transferring assets to Satoshi Labs LLC, which he controls, and failed to deliver promised equity returns. Plaintiffs claim to have raised $1.46 million from NFT sales but received no returns. Mills allegedly created a flawed shareholder agreement and began ghosting investors. The lawsuit seeks restitution and a constructive trust over the project's assets. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
This is the worst graphic. Businesses here don't tell me if they are a small LLC, medium size company or just a family trust.
Ten days from now, 220 crypto investors will sit down to a lavish three-course dinner and enjoy “stunning views of the Potomac river” with US president Donald Trump at his 800-acre golf club in Washington DC. To earn an invitation, all they had to do was buy a boatload of the president’s personal crypto coin. The dinner was announced on April 23 by CIC Digital LLC and Fight Fight Fight LLC, subsidiaries of a conglomerate owned by Trump, which together control 80 percent of the TRUMP coin supply. They [pitched it](https://gettrumpmemes.com/) as “the most exclusive invitation in the world,” giving lucky attendees the opportunity to “hear first-hand president Trump talk about the future of crypto.” The attendees were selected based on who had spent the most on TRUMP and held their coins the longest between the announcement date and the deadline at 1:30pm ET today. The identities of the investors who vied for a place are concealed behind leaderboard usernames and alphanumeric crypto wallet addresses. Since launch, critics have cast the TRUMP memecoin as an unethical “[money-grab](https://www.wired.com/story/the-trump-memecoins-money-grab-economics/)”—an abuse of Trump’s office for the sake of self-enrichment. They have also expressed concern that the coin could be used to discreetly transfer wealth to the Trump family. By making a large investment and driving up the price of the coin, foreign powers and other politically-motivated actors could try to curry favor with the president, the argument goes. Read more: [https://www.wired.com/story/trumpcoin-dinner-ticket-bidding/](https://www.wired.com/story/trumpcoin-dinner-ticket-bidding/)
Ten days from now, 220 crypto investors will sit down to a lavish three-course dinner and enjoy “stunning views of the Potomac river” with US president Donald Trump at his 800-acre golf club in Washington DC. To earn an invitation, all they had to do was buy a boatload of the president’s personal crypto coin. The dinner was announced on April 23 by CIC Digital LLC and Fight Fight Fight LLC, subsidiaries of a conglomerate owned by Trump, which together control 80 percent of the TRUMP coin supply. They [pitched it](https://gettrumpmemes.com/) as “the most exclusive invitation in the world,” giving lucky attendees the opportunity to “hear first-hand president Trump talk about the future of crypto.” The attendees were selected based on who had spent the most on TRUMP and held their coins the longest between the announcement date and the deadline at 1:30pm ET today. The identities of the investors who vied for a place are concealed behind leaderboard usernames and alphanumeric crypto wallet addresses. Since launch, critics have cast the TRUMP memecoin as an unethical “[money-grab](https://www.wired.com/story/the-trump-memecoins-money-grab-economics/)”—an abuse of Trump’s office for the sake of self-enrichment. They have also expressed concern that the coin could be used to discreetly transfer wealth to the Trump family. By making a large investment and driving up the price of the coin, foreign powers and other politically-motivated actors could try to curry favor with the president, the argument goes. Read more: [https://www.wired.com/story/trumpcoin-dinner-ticket-bidding/](https://www.wired.com/story/trumpcoin-dinner-ticket-bidding/)
Once the Moon LLC gets setup, we'll be able to get a lot more. The distribution will also include all the funds from AMAs and Banners.
Non-monetary deed transfers happen all the time, I'm not saying they can't be done. I'm saying they will usually have tax implications. Without knowing who your landlord deeded to, my first guess would be that they were simply transferring it from being held in their name to a legal entity that they control, like an LLC or a trust. That is very common as with investment properties people will often decide to switch ownership from their personal name to a legal entity for liability protection or inheritance planning. If they were deeding to another individual like a family member, though, they would be subject to the same rules anyone else would. If it's a gift, all the rules you posted would apply. You can't just deed your property to someone else & say "it's not a gift, they're just the owner on the deed now", lol.
Took the time to report it this morning, apparently they're looking to cash in on the gullible. The email comes through a Colorado registered LLC that's been in business for over 10 years, owned by a Minnesota person. I find it hard to believe that they can't find and shut these down.
You can provide asset protection also by locking it up in an LLC - or buy property in Florida (or likely others).
Lol, you had to dig up legal entities to try to twist this argument? Did I say it was the same legal entity as the exchange? Coinbase Custody is the custodian, not blackrock. You trying to argue that I’m wrong because I didn’t specify the legal entity made me chuckle. Stop it with the BS, you were wrong and it was legit for me to correct you. Accept it. The fund’s prospectus literally says “the Bitcoin custodian is Coinbase Custody Trust, LLC” (“Coinbase Custody”). Nothing else to say.
tldr; Reddit Points surged over 45% after Totem Point Management LLC disclosed a $1.273 million stake in the company during Q4. The rally highlights investor excitement around Reddit's blockchain-based Community Points system, which allows users to earn, own, and trade tokens tied to subreddit contributions. This decentralized system is seen as a key asset in Reddit's ecosystem, driving engagement and aligning with broader crypto market trends and blockchain-based social networks. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I hear you, but I don’t agree it was inaccurate. BR uses a custodial agent to hold Bitcoin for their ETF holders, and it’s ‘Coinbase Custody Trust Company, LLC,’ not Coinbase the retail exchange. They’re separate legal entities. Saying it’s just ‘Coinbase’ is wrong and makes it sound like the Bitcoin is sitting on a retail trading platform, which it isn’t. Either way, none of this really matters if someone isn’t getting the basic concept. We can agree to disagree.
tldr; North Korean hackers linked to the Lazarus Group set up fake US shell companies, Blocknovas LLC and Softglide LLC, to target cryptocurrency developers with malware under the guise of job offers. Using falsified documentation, they posed as legitimate employers, primarily on LinkedIn, and tricked victims into downloading malware during fake interviews. The FBI seized the Blocknovas domain, highlighting vulnerabilities in business registration systems. The Lazarus Group has a history of exploiting fake job opportunities for cyber thefts, including the $625M Ronin Bridge hack in 2021. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
What about a business bank account? Maybe open up a business if you don't have one already, and that way the number will be tied to the LLC vs you.
tldr; Silent Push researchers have uncovered that North Korea's Lazarus Group set up U.S. shell companies, Blocknovas LLC and Softglide LLC, to target crypto developers with malware. These companies, registered under fake aliases and addresses, were used to distribute malware via fake job applications, compromising cryptocurrency wallets and credentials. The FBI has taken action against these domains. Lazarus Group is linked to major crypto hacks, including the Bybit hack with losses of $1.5 billion. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
This is true but it also makes me feel guilty as fuck. On the subject of real estate, I bought a home last year and plan to mortgage a large home next year, then rent that second home out room by room (it's in a very famous/historic and touristy city) to make passive income and put that money toward DCA Bitcoin and buy as close to the bottom as I can anticipate in 2026, ride the wave towards Q4 2029, and repeat that process for 2030 and beyond. Of course it isn't a guaranteed plan, but I feel good about the chances of this working out. The ultimate goal is generational wealth so my closest family and best friend's families will have what they need for the oncoming collapse. Meanwhile most of the country is struggling and half the world can't afford bread or clean fucking water. I do donate to charities but it's really such a small drop in such a massive bucket that I feel absolutely helpless. I'm not like a super wealthy person, but I absolutely will never have to work again. So next year I plan to travel around with a work visa (I have a photography LLC, so even most of those expenses are write-offs) and do some volunteer stuff while taking pictures (landscape & still life stuff), and even had an idea to make a sort of experimental memoir about it and base the book around the unseen and untold suffering that so many people face every day. I guess that may sound pretentious, idk. I genuinely just want to make sure my family and friends are taken care of, and donate time and capital towards alleviating suffering. Maybe it is because my own life has been riddled with it. I don't know. But it is a genuine feeling and goal.
tldr; $Trump coin surged by 71% after plans were announced for a dinner with President Donald Trump for the top 220 token holders, scheduled for May 22 in Washington, D.C. The top 25 holders will also attend a reception and a VIP White House tour. The token, launched in January, reached an intraday high of $16.17 before settling at $13.39. The event is organized by FightFightFight LLC, with Trump attending as a guest. Eligibility includes background checks and restrictions on guests and KYC watchlist countries. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
There are crypto backed loans available. However, I use Bitcoin and metals as reserve and a hedge against inflation. Risking reserves to grow our capital base is not a risk I am willing to take. I won’t place the reserve at risk. I cannot afford to lose the reserve. I was taught to never risk what I can’t afford to lose. There are other assets I am willing to risk for certain investments. My home equity, my stocks, even my short term savings. I can and do use as portions as collateral. But I will, at this point in life, only borrow to invest in one thing. My family. I have an LLC which functions as a small venture capital and business development holding firm. Through it I invest in ventures with my children and their cousins. If they 1) learn the business development structured methodology I use, 2) work cooperatively 3) remain in compliance with the values - they can develop and submit proposals and business plans. I did this with my son 6 years ago and it worked. He has a very profitable trucking firm. And my daughter runs the Bitcoin mining venture we started two years ago. My daughter who goes to school in Oslo is developing a venue for Art and Music. There cousins are getting into it. There are three really smart ventures in the pipe line. At some point, after Phase 1 - Development in which they burn through seed capital conceptualizing and documenting their business strategy all the ventures will require structured finance. When they get to that stage I collateralize their venture’s debt using my resources. But I will NOT risk our reserves. My bank would think I have lost my mind if I did. My job is to get them up to where the folks I do business who have deeper pockets with can trust their ventures. So I never risk what WE can’t afford to lose.
>tax advantaged retirement account where you can't actually self custody... You can... It's called an IRA LLC, it's how people invest their retirement into real estate and alternative assets like physical gold and Bitcoin.
Hedera (HBAR) because it is the mathematical endgame of decentralized ledger technology. No hard forks. No layer-2 solutions. No need for massive upgrades. Just a mathematically perfect decentralized network, post-quantum resistant, aBFT-secure, with fixed fees, sub-3-second finality, fair transaction ordering, and virtually infinite scalability, limited only by current hardware. Backed by an open-source codebase, actively developed under the Linux Foundation and governed by a multi-trillion-dollar LLC council composed of some of the world’s most influential organizations. It's the blue chip of crypto.
Yep, not Trump’s at all, just like Trump Steaks, Trump University, and Trump Vodka and other spectacular failures weren’t really his. Just a crazy coincidence that another LLC with his name on it (but definitely not his 😉) is magically one of the hottest meme coins on Solana. When it inevitably crashes, the bagholders can take pride in knowing they owned the libs by investing in Fight Fight Fight. LOL
Haha, your lies just keep getting worse. Who cares if you’re up personally? I bought XRP at .17 cents…Echo cares, it’s crap. How about you defending some of your main talking points instead of just blathering on? Brad himself said that he could see Ripple LLC, ie: XRP as a replacement for SWIFT/ACH. “Not an American based crypto” is unprovable. But why does that even matter? Are you some type of neo-nazi? No one cares about the founding country of origin of any crypto. “No creator”. Well then how does it exist if no one created it? You simply don’t know who they are and your perspective that this is a bad thing is ideologically flawed. They/them created Bitcoin and then walked away with zero profit. Brad on the other hand “minted” out of thin air 100,000,000,000 Billion tokens and proceeds to sell millions them every year and the only person that benefits from those sales is him. “And it’s connected to Tether” Oh yeah? How exactly? “All signs point to it going straight to zero” Now you’re just clowning around. Nothing points to the number one crypto currency in history over the past 16 years as “going to zero”. I would like to hear your opinion but you are an absolute moron and so I’ll simply say good luck in life because you’re going to really need it.
I'm in the same group with Mr. Ryan, and Julia. When I initially considered crypto trading I was also sketched out, because I'm into crypto investing, I've never heard of Kecoins, and I couldn't find anything online about the platform. Based on the research I did on BBR Partners LLC, [bbrpartners.com](http://bbrpartners.com), they're registered with the SEC [https://adviserinfo.sec.gov/firm/summary/109688](https://adviserinfo.sec.gov/firm/summary/109688), I decided to give it a shot with $1,000, and I've been trading smoothly since day one. I had one incident where I transferred money from my Coinbase account to my Kecoins account, and it didn't show up. It was already the evening, so I waited until the morning to see if the funds would arrive, but still nothing. I contacted Julia first thing in the morning, and she had it released within minutes. The screenshots that you see are not photoshopped. When I first joined this group it was much more about stock trading, but since the market has taken a turn they switched to crypto trading to help investors make back lost money, because with crypto you can make money whether market is up or down. Currently, I'm participating in their two trades per day. I haven't joined in on the Event that they're hosting with Kecoins and some other entities. Happy to chat with any of you that are in the group.
Mr. Gottlieb praised Mr. Medjedovic on social media as a “young, bright guy” with a “bright future.” But just because he was good at math didn’t mean that he understood the law, Mr. Gottlieb said. In an e-mail sent to Mr. Medjedovic’s personal address, he cautioned the teen that the stolen tokens were easy to trace and would be difficult to access. “Don’t screw up your whole future over money you can’t ever touch anyway,” Mr. Gottlieb wrote. But Mr. Medjedovic wouldn’t budge. He didn’t deny that he was behind the exploit – in fact, he took credit for it on the social media platform X – but he implied that his actions were lawful. “If Indexed wants to insinuate that I did something wrong and resort to name-calling, LOL,” he wrote, later adding: “You were out-traded. There is nothing you can do about that.” The Code is Law philosophy is based on the straightforward premise that if the code governing a platform permits a user to do something, then the action is legal. The analogy that is often used is that of algorithmic high-frequency trading. If one Wall Street hedge fund is able to profit by exploiting a pattern in another firm’s trades, the loser doesn’t have any legal recourse; that’s simply the risk that comes with playing the game. Similarly, proponents of Code is Law argue that because the code governing decentralized finance platforms is open source, and because users choose to use the platform, those users are voluntarily taking on the risk that someone may exploit whatever flaws or loopholes exist within the code. Not everyone agrees. “Code is not law. Law is law,” Mr. Gottlieb wrote in a lengthy thread to Mr. Medjedovic on X in late October, 2021. “And what you did was not a ‘clever trade.’ It was market manipulation. It’s illegal. And people go to prison for it.” Code is not law. Law is law. And what you did was not a “clever trade.” It was market manipulation. It’s illegal. And people go to prison for it. (Ask Michael Coscia, who served three years. Or Edward Bases and John Pacilio, just convicted.) 2/ — Jason Gottlieb (@ohaiom) October 21, 2021 The Code-is-Law argument has never been tested in a Canadian court. But south of the border, where Mr. Medjedovic has been criminally charged, it hasn’t held up under scrutiny. In April, 2024, a New York jury criminally convicted trader Avraham Eisenberg of fraud and commodities manipulation for exploiting a decentralized cryptocurrency exchange called Mango Markets for US$110-million. Part of Mr. Eisenberg’s defence was that what he hadn’t “hacked” the platform; he’d simply taken advantage of its weaknesses. Less than a month after the Indexed Finance attack, a U.S. company named Cicada 137 LLC sued Mr. Medjedovic in Ontario. The identity of the person or people behind the company is unknown, but Cicada said it lost US$9.69-million worth of digital tokens to the exploit. (It’s common for significant investors in cryptocurrency to shield their identities.) The judge granted Cicada a civil search warrant, and over the course of more than seven hours, lawyers turned the Medjedovic family home inside out. But the evidence they found likely was limited; Mr. Medjedovic left home after receiving death threats, and had taken his phone and computer with him, according to court documents. In mid-December that year, Mr. Medjedovic transferred several million dollars’ worth of tokens out of a digital wallet associated with the attack, stopping after he’d been served with a court order via e-mail. He attended an urgent court hearing that day via Zoom, but he kept his camera off, leaving his whereabouts unknown.
Ask him for the URL of the site he uses to "trade". Look up that domain name on scamadviser.com as a first step. The odds are good that the domain was only recently registered, via an anonymous service provider. If that doesn't reveal anything (scammers sometimes buy pre-existing domains to avoid the obvious red flag), then check the site itself for company information. Chances are good that company information will be forged or non-existent. Any legitimate company would mention its registered company number and type (LLC, Ltd., etc), and link any related legal documents. These can easily be checked. Maybe post the URL here and let Reddit rip it apart. Send him what you find. If that's not enough, well... some people still need to learn the hard way.
Hey guys, sorta crypto related since more certification can give you more monies and pad your resume, but on May the 7th, and if you live in VIrginia, the Virginia Board of Counseling is changing the rules regarding QMHP licensure. All you need is a bachelor's degree now and you can get a free 10 week course+certificate from DBHDS. I'm planning to do work under my LLC company as a fully licensed QMHP using this path Just a little bit of inspiration for you guys :)
Yeah man, totally get it—this market’s brutal when you’re trying to juggle basic expenses and still stack. Its not conventional but one thing I’ve done is I opened an LLC and used 0% interest credit lines to invest. It’s definitely not the conventional route, but it’s an option if you’ve got the credit and discipline to manage it right. Just a way to stay liquid personally while still getting exposure
I did mine with a traditional self directed IRA through Advanta, and I was able to directly buy Bitcoin off the Gemini exchange. Just had to start an LLC in the IRA name and open an account on Gemini with an LLC. Was pretty easy for someone who doesnt know much about this stuff.
Full text of email below: Gemini Logo Gemini Bankruptcy Filing Dear Gemini User, We are writing to inform you that, as of March 31, 2025, Gemini Trust Company, LLC has filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court. This step follows a significant financial setback caused by a security breach at a third-party custodial service we relied on, resulting in substantial losses. We regret the impact this has on our users and are committed to helping you secure your assets during this process. What Happened In late 2024, a security breach at a third-party custodial vault compromised a portion of our cold storage reserves. Despite our efforts to recover the lost assets—valued at approximately $1.2 billion—and ongoing discussions with insurers, we’ve been unable to offset the shortfall. This, combined with operational and regulatory challenges, has led us to file for bankruptcy protection. To protect your funds, we urge you to withdraw your assets by April 15, 2025, 11:59 PM UTC. Withdrawal Process with Exodus Wallet We’ve partnered with Exodus Wallet, a reputable self-custodial wallet provider, to facilitate secure withdrawals. Your Gemini account is now configured to allow withdrawals only to an Exodus Wallet address linked to a unique seed phrase we’ve generated for you. This ensures your funds remain under your control. How to Withdraw Your Funds: Download Exodus Wallet and set it up on your device. Use the 12-word provided below to restore your wallet in Exodus. Keep this phrase private and secure. Log in to your Gemini account at gemini.com with your two-factor authentication. Go to the "Withdraw" section, select your assets, and choose your Exodus Wallet address from the options provided. Confirm your withdrawal. Processing may take 24-48 hours, so we recommend acting promptly. **Secret unique phrase redacted** If you experience any issues, such as login problems or difficulties with your seed phrase, please contact us at support@gemini.com with your account ID and a brief description of the problem. We’re monitoring accounts closely to ensure security during this transition. We’re deeply sorry for the disruption this causes. Gemini was built on principles of trust and security, and this outcome—stemming from a failure beyond our direct control—is not what we intended for our community. Our team is here to support you through this process. Sincerely, The Gemini Team Gemini Trust Company, LLC Unsubscribe | Terms of Service | Privacy Policy
The report from Trust Me Bro All Caps LLC