1. #1
    TheMetsSuck
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    Strange Gemini email. Advice needed

    After reviewing your account, we noticed that you have several instances of deposits and withdrawals with no trades occurring in-between. Could you please provide an explanation for this activity? Also, could you please provide a brief projection of your intended activity on Gemini for the near future?

    Additionally, the review also detected multiple transfers to other Gemini users. While this is acceptable, can you please explain your relationship to the other users and the purpose of the transfers, as this could be an indicator of business activity?

    Furthermore, Gemini has recently noted transfers related to online gambling coming into or out of your account. As gambling is generally illegal within the United States, Gemini prohibits our customers from using our services to store, send or receive wagers or the proceeds of unlawful online gambling.

    Future gambling-related activity, or any attempt to obfuscate such activity, may result in the closure of your account.

    We appreciate your continued interest in Gemini. If you have any questions regarding our policy, please contact us at support@gemini.com.

    What the deuce is this? How would you reply? Do I just get a new wallet or platform and forget about it?

    Thanks
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  2. #2
    asiagambler
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    You shouldn't move btc from gemini directly to offshore. That's probably what triggered this review

  3. #3
    KVB
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    Computer hardware import/export business.

    You now buy and sell computer hardware to clients all over the world.

    Congratulations on your new job.

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  4. #4
    funnyb25
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    I got this same email a while ago, minus the gambling part as I used a middle wallet. I don't use Gemini anymore. If you ignore the email they will freeze your account and that is it. If you tell them it is gambling, they will most likely close your account, unless you get lucky. If you make up a bullshit story, be prepared to send them 1000 million documents proving your story.
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  5. #5
    Optional
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    Quote Originally Posted by TheMetsSuck View Post
    After reviewing your account, we noticed that you have several instances of deposits and withdrawals with no trades occurring in-between. Could you please provide an explanation for this activity? Also, could you please provide a brief projection of your intended activity on Gemini for the near future?

    Additionally, the review also detected multiple transfers to other Gemini users. While this is acceptable, can you please explain your relationship to the other users and the purpose of the transfers, as this could be an indicator of business activity?

    Furthermore, Gemini has recently noted transfers related to online gambling coming into or out of your account. As gambling is generally illegal within the United States, Gemini prohibits our customers from using our services to store, send or receive wagers or the proceeds of unlawful online gambling.

    Future gambling-related activity, or any attempt to obfuscate such activity, may result in the closure of your account.

    We appreciate your continued interest in Gemini. If you have any questions regarding our policy, please contact us at support@gemini.com.

    What the deuce is this? How would you reply? Do I just get a new wallet or platform and forget about it?

    Thanks
    As Funny says, making up a story can be a bigger pain the bum than just telling the truth.

    I would just reply and say I did not know anyone else I dealt with had a Gemini account, I am not doing any business, just transferring funds and I will not use Gemini to send funds to bookmakers again. If you want to keep the account.

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  6. #6
    KVB
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    Quote Originally Posted by funnyb25 View Post
    ...be prepared to send them 1000 million documents proving your story.
    That's when you take your computer apart and snap a selfie!!!!!

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  7. #7
    TheMetsSuck
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    What wallet do I need to download and set up to send/ deposit with online books? I sent funds to a few buddies I knew. Didnít know they had Gemini or that it would matter.
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  8. #8
    KVB
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    Quote Originally Posted by Optional View Post
    As Funny says, making up a story can be a bigger pain the bum than just telling the truth...
    Yeah, it sure can.

    Been down that road.

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  9. #9
    KVB
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    Quote Originally Posted by TheMetsSuck View Post
    What wallet do I need to download and set up to send/ deposit with online books? I sent funds to a few buddies I knew. Didn’t know they had Gemini or that it would matter.
    Ever try blockchain?

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  10. #10
    Optional
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    Quote Originally Posted by TheMetsSuck View Post
    What wallet do I need to download and set up to send/ deposit with online books? I sent funds to a few buddies I knew. Didn’t know they had Gemini or that it would matter.
    Do you want another exchange account to buy/sell bitcoin and transfer to a bank account? Or just a personal wallet?

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  11. #11
    TheMetsSuck
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    I want a place I can connect and transfer to my bank acct if I feel like it and a place to deposit / withdraw funds to books with. WTF Gemini. Online gambling suspicion. Really??
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  12. #12
    KVB
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    Quote Originally Posted by TheMetsSuck View Post
    I want a place I can connect and transfer to my bank acct if I feel like it and a place to deposit / withdraw funds to books with. WTF Gemini. Online gambling suspicion. Really??
    US might make life difficult for them if they don't make efforts to curb any kind of shady transaction, at least ones they've cracked down on.

    It's the world we live in when mocing crypto.

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  13. #13
    unluckysob
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    Looks like bit coin will soon be dead for gamblers.

  14. #14
    Optional
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    Quote Originally Posted by TheMetsSuck View Post
    I want a place I can connect and transfer to my bank acct if I feel like it and a place to deposit / withdraw funds to books with. WTF Gemini. Online gambling suspicion. Really??
    For moving money to/from your bank you need an Exchanger like Gemini.

    Coinbase.com is the most similar to Gemini. CashApp on your phone is another option.

    But you should not use these places like a personal wallet as you do not own the private keys for those wallets. They are more like a store to buy/sell/bank when you need to, then take your bitcoin to your own bank account (wallet)

    Electrum.org offers a downloadable desktop wallet or a phone app. Blockchain.com offers a website based interface or a phone app. Blockchain is simpler. Electrum is feature rich. Both are free and you hold the private keys for them yourself.
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  15. #15
    TheMoneyShot
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    The first paragraph explains it all... you used Gemini as a PO incoming wallet for a sportsbook. Worst thing you could of done. Then you more than likely moved some funds to another sportsbook. That's what triggered this.

  16. #16
    Optional
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    I wonder why the chorus of people who turn up to say "It's fine to send direct, I have never had a problem" have not appeared in this thread???

    Weird.
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  17. #17
    jjgold
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    Quote Originally Posted by unluckysob View Post
    Looks like bit coin will soon be dead for gamblers.
    its possible

  18. #18
    raiders72001
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    Quote Originally Posted by unluckysob View Post
    Looks like bit coin will soon be dead for gamblers.
    Accounts have been getting banned for a long time. Coinbase got me around 2013.

  19. #19
    wombat
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    Bottom line is if it's a exchange based in the US, you will get banned at some point.

  20. #20
    littlekona
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    Quote Originally Posted by raiders72001 View Post
    Accounts have been getting banned for a long time. Coinbase got me around 2013.
    remember circle ? They where the first to toss me. I checked my account while ago and it had some btc in it with no way for me to get it out

  21. #21
    raiders72001
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    Quote Originally Posted by littlekona View Post
    remember circle ? They where the first to toss me. I checked my account while ago and it had some btc in it with no way for me to get it out
    yep. And CS is awful with some of the exchanges. I can't withdraw out of Binance.us right now because of what they deem a security risk. I can still trade but have been waiting for months for them to unlock my account to withdrawals.

  22. #22
    jjgold
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    Where is Blockchain based?

    Why is that never an issue??

  23. #23
    KVB
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    Quote Originally Posted by jjgold View Post
    Where is Blockchain based?

    Why is that never an issue??
    Blockchain wallet, not exchange.

    Exchange to wallet to book to wallet to exchange if you even need that last exchange step. Shit, many don't need the step before, going from book back to the wallet...lol.

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  24. #24
    texhooper
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    Quote Originally Posted by Optional View Post
    I wonder why the chorus of people who turn up to say "It's fine to send direct, I have never had a problem" have not appeared in this thread???

    Weird.
    I was wondering this too. When I was looking for solutions for high fees a few months ago before btc tanked, everyone popped out ďhey why are you using a middle wallet anyway, thatís the dumbest thing you could do, just go straight to the book, Iíve never gotten in trouble!!Ē
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  25. #25
    KVB
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    Quote Originally Posted by texhooper View Post
    I was wondering this too. When I was looking for solutions for high fees a few months ago before btc tanked, everyone popped out “hey why are you using a middle wallet anyway, that’s the dumbest thing you could do, just go straight to the book, I’ve never gotten in trouble!!”
    Way back in the circle days everyone was alerted to the risks of going directly. Even though there seem to be a lull in busting accounts, the risk was always there.

    It's like these baseball pitchers, all the sudden they have to learn how to pitch again because they can no longer use substances?

    It was always against the rules.

    Wallet is important, fees or not.

    And fees can suck sometimes.

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  26. #26
    wombat
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    Quote Originally Posted by jjgold View Post
    Where is Blockchain based?

    Why is that never an issue??
    Blockchain.com is based in the UK

  27. #27
    jjgold
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    Quote Originally Posted by wombat View Post
    Blockchain.com is based in the UK
    ok only one I use

  28. #28
    wombat
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    You can solve all these problems by just getting your own hardware wallet. You don't have to worry about who you are sending to or getting banned.

  29. #29
    KVB
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    Quote Originally Posted by wombat View Post
    You can solve all these problems by just getting your own hardware wallet. You don't have to worry about who you are sending to or getting banned.
    Yes.

    Like I said, there will be a little extra in fees, but such is the world we live in.

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  30. #30
    TheMoneyShot
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    Quote Originally Posted by Optional View Post
    I wonder why the chorus of people who turn up to say "It's fine to send direct, I have never had a problem" have not appeared in this thread???

    Weird.
    I will be reloading 3 books straight from Gemini soon (probably within 14 days or so.) I will let you know what happens.

    I never once had a book PO sent directly to Gemini though. Still no warning letters.

    I don't use them frequently as most though. Probably on average... 1-2 book deposits every 3 months. I've had a considerable amount of funds sitting in the Gemini acct for about 4 months now.

  31. #31
    Optional
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    Quote Originally Posted by TheMoneyShot View Post
    I will be reloading 3 books straight from Gemini soon (probably within 14 days or so.) I will let you know what happens.

    I never once had a book PO sent directly to Gemini though. Still no warning letters.

    I don't use them frequently as most though. Probably on average... 1-2 book deposits every 3 months. I've had a considerable amount of funds sitting in the Gemini acct for about 4 months now.
    Oh there you are TMS!

    Can you see why you saying that in threads where new people are asking for real advice is misleading and unhelpful to them?

    Honestly, I think people who muddy the waters for new people, in almost every thread they ask about middle man wallets, are acting like complete assholes. And they feel the need to do it in every thread about it too. Tiring.

    So PLEASE, do not come back and report on your three transfers. It proves nothing. Just do what the hell you want and stop disseminating bad info to others.

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  32. #32
    KiDBaZkiT
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    I’m so glad I’m too god damn dumb to try hatch a diabolical scheme on these internet sportsbooks.

  33. #33
    BeatTheJerk
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    A little over two years ago after one of my best sports betting runs I got a similar question from Gemini because I collected like 60k in 60 days with absolutely no trading. Optional actually gave me some great advice at the time & they accepted it. I am now more careful with transferring to middle wallets & or trading before I sent to book.


    https://www.sportsbookreview.com/for...change-p2.html
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  34. #34
    wombat
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    It's almost a guarantee you'll get flagged if you transfer crypto in/out an exchange but don't do any trading. Just do a couple of trades a month.

  35. #35
    KVB
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    Quote Originally Posted by Optional View Post
    I wonder why the chorus of people who turn up to say "It's fine to send direct, I have never had a problem" have not appeared in this thread???

    Weird.
    Quote Originally Posted by TheMoneyShot View Post
    I will be reloading 3 books...
    Quote Originally Posted by Optional View Post
    Oh there you are TMS! ...

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