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Re:Binance sees $2B in outflows as troubles compound by JumpCrisscross on Wednesday March 29, 2023 @12:22AM (#35352515)
> just wire money there I can do that without jumping through the hoops of opening a crypto account

If you do this to hide gains from the IRS, it's tax fraud.

Re:Binance sees $2B in outflows as troubles compound by noduerme on Wednesday March 29, 2023 @04:13AM (#35354104)
My whole point being that you cannot not report it... you have to, and the foreign bank reports it too.