My 'broker' told me I need a 'crypto tax clearance fee' to withdraw. What even is that?
Hey everyone, I'm kinda freaking out here. I've been trading crypto on this platform for a few months, thought I was doing pretty well, actually made some decent 'profits' according to their dashboard. When I tried to withdraw a significant amount last week – low five figures – they put my request on hold. Now they're telling me I need to pay a 'crypto tax clearance fee' just to process the withdrawal. Seriously, what is that? Is this a real thing? I've never heard of it, and it feels like another hurdle. I gave them scans of my ID, proof of address, everything. They kept pushing me to deposit more, which I stupidly did early on. I'm in Chicago, and my bank (Chase) said they can't do anything because it's crypto and international. Is my money just gone?
asked by Kevin Martin· 6d ago