Why am I not being allowed to post?

[Miz]

yeah, if you walk in to a new bank and explain that you work in the prediction market space and say it is kinda like Kalshi, they'll know what you're talking about. Then say you want to set up a CD because you're expecting several wires because you hit big. All of this is true, and it is perfectly legal. I don't see the issue a bank would have. They love large new deposits.

 

[sportsbettor5]

I asked my buddy, who works at Wells Fargo, if they would close an account for receiving two 20k wires and he said definitely no.

Did you specify that they were international wires from an account that WF knows to be associated with an illegal offshore gambling operation?

(A few years ago one of WF's competitors shut down my account for receiving a significantly smaller international wire from a questionable source.)

 

[Miz]

maybe they would object, I can't say for sure. probably worth a try though. Not many other options

 

[birdwingbaby]

Hi Andre, not exactly the same as you but close. I can’t even get past the KYC with Bookmaker. They asked for video call, I said right away “yes, available any time”, and since then… nothing, no answer. Now my follow-up emails bounce back to me.

I read your story and the others with big wins, and it makes me think they do this on purpose with new accounts or people who win a lot. They lock us at KYC or make endless excuses so they don’t have to pay, and use our deposits + money to pay fast the old players who have been with them many years. That way they keep the good reputation of “always pay the loyal ones quick”, but the new people like me stay stuck forever and lose everything.

It’s not fair at all. I’m from a Spanish-speaking country and my English is not perfect, but I know this feels very wrong.

Hope you get the rest of your money soon.

 

[fergusonandre748]

They told me it was shut down due to the source of the wire. It was from a company who they don't do business with.

Hi Birdwing. Thanks for the reply. There's not much we can do besides spread the word as far as possible. I'm not big on X but I'm starting to make some posts there. Just get the word out. If you ever have a large balance on BM, be prepared for unethical BS like this

 

[fergusonandre748]

They allowed me to cash out the remaining $105k via crypto. Awful, unprofessional experience by their KYC team, but at the end of the day they paid, and only screwed me with taxes on $40k. Thanks to all who helped

 

[Ace7550]

They allowed me to cash out the remaining $105k via crypto. Awful, unprofessional experience by their KYC team, but at the end of the day they paid, and only screwed me with taxes on $40k. Thanks to all who helped

How did you convince them to do that?

 

[sportsbettor5]

They allowed me to cash out the remaining $105k via crypto. Awful, unprofessional experience by their KYC team, but at the end of the day they paid, and only screwed me with taxes on $40k. Thanks to all who helped

Thanks for updating us

 

[jyumni]

They allowed me to cash out the remaining $105k via crypto. Awful, unprofessional experience by their KYC team, but at the end of the day they paid, and only screwed me with taxes on $40k. Thanks to all who helped

Whats up with taxes 40k ?? why do they deduct tax for you??? confused as hell

 

[mrmcnasty]

Whats up with taxes 40k ?? why do they deduct tax for you??? confused as hell

Pretty sure he just means he now has to report taxes on 40k since they forced him into a bank wire

 

[jyumni]

Pretty sure he just means he now has to report taxes on 40k since they forced him into a bank wire

ohhhh got it. that sucks.
i kinda have a feeling that since bitcoin and all the crypto market has crashed they are trying to hold onto it as much as possible thinking it will bounce back?
Maybe thats the reason why they refused to pay with crypto ?

 

[BigJay]

Hope he cashed that crypto