Mihangel

Nah, Mike Ashley, if you're reading this, we don't want you....
Obv he won't be, but I'd rather we go defunct and start again than have that CJTC own us.

Nah, Mike Ashley, if you're reading this, we don't want you....
Obv he won't be, but I'd rather we go defunct and start again than have that CJTC own us.

Nah, Mike Ashley, if you're reading this, we don't want you....
Obv he won't be, but I'd rather we go defunct and start again than have that CJTC own us.

Nope, that's 100% what I'd rather happen.

Nah, Mike Ashley, if you're reading this, we don't want you....
Obv he won't be, but I'd rather we go defunct and start again than have that CJTC own us.

Nope, that's 100% what I'd rather happen.

Nah, Mike Ashley, if you're reading this, we don't want you....
Obv he won't be, but I'd rather we go defunct and start again than have that CJTC own us.

Love you Derby ❤❤

Of course, with any asset, the money had to come from somewhere at first. 
 
My point is, Crypto transactions are all public. It shows the movement of all the buys and sells. There would also be an initial transaction of turning cash into crypto.
 
Stock sales/Real Estate/etc are all behind a closed door. So technically would be easier to show what and where money came from through Crypto.
 

Large sums transferred internationally sometimes get hit with provenance checks. Doesn’t matter if it was acquired through stocks, paycheck, real estate, or Crypto. 
 
Crypto is pretty easy to show provenance. Since all transactions in crypto are publicly available. All CK would need to do is pull up and show the transaction hashes of when he sold the crypto and then the transaction hashes of when he then converted crypto into cash, and then the hash from  when he deposited that USD into a bank account. 
 
So, the holdup is on the clearing house confirming all of this. Nothing CK can do but wait for the money to clear. Once it does the sale is essentially complete.
 
Unless someone else wants to run up to Q with a cheque in hand that is the same amount or more then CK has proven and currently sat in a clearing house ?‍♂️

Agreed, entirely. He's either been unlucky or we're on a long list of people he's defrauded because a lot of money has been spent.

Filed with "How come the Chelsea purchase went through so quickly, that was worth £5 Gazillion, AML wasn't a problem for them?"

Filed with "How come the Chelsea purchase went through so quickly, that was worth £5 Gazillion, AML wasn't a problem for them?"

Once again, for those at the back...
 

If I had £1 for everybody who posted this exact comment in this thread, I'd have bought the club myself ?

Absolutely, the legal guardians of the club and the regulator, the EFL's behaviour in particular, continues to be shocking.

Absolutely, the legal guardians of the club and the regulator, the EFL's behaviour in particular, continues to be shocking.

You can’t speak to them in advance. The reason for this is this could be seen as assisting. Can you imagine if you went to the bank and asked what information do you need to show this isn’t money laundering and then they told you…
It’s the solicitors job to gather the appropriate evidence it’s not money laundering. If they’ve done there job correctly they’ll have years worth of history as to the origin of funds and can send that on request. 
 
 

Nah, the IRS would only have been interested, obviously, in any taxable element of the bitcoin sale. The AML part is unavoidable, whichever way you look at it, and would be complicated by all the factors you mentioned. Doesn't mean CK will turn out to be anything but they are all important factors.

You're right, perhaps CK should have used his old Derbyshire Building Society junior savings account, or the HSBC super saver account he set up in 2018, 'just in case'

You're right, perhaps CK should have used his old Derbyshire Building Society junior savings account, or the HSBC super saver account he set up in 2018, 'just in case'

That's a really weird statement, it's like they've been hacked! So, EFL, your disappointment isn't credible? How odd.

That's a really weird statement, it's like they've been hacked! So, EFL, your disappointment isn't credible? How odd.