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NEW: 50K-70K BTC @ -6% Gross, -2% Net, Escrow Lawyer, Russia - Look For Seller

(Buyer: KC AM)

Post: 3.1.2020


  • Russian Buyer is looking for 50K-70K BTC at -6% gross, -2% net

  • Budget: approx USD$350m-$490m

  • Direct Agent = 2%

  • Buyerside = 1%

  • Sellerside = 1%

  • Buyer = 2%

    1. Escrow lawyer is introduced to Seller and Buyer.
    2. Escrow lawyer explains Procedure to Seller and Buyer and enters into an Escrow agreement with both Seller and Buyer setting out Escrow’s duties as below.
    3. Seller sends a proof of coin (satoshi) (.00000001 of a BTC) to CDS wallet – (with signed verified message).
    4. Escrow lawyer as Escrow performs KYC/AML on Seller to satisfy source of BTC, verifying ownership of BTC to Escrow lawyer’s reasonable satisfaction.
    5. Escrow lawyer as Escrow provides full detail on the Seller’s BTC that is for sale to Buyer on a discrete basis.
    6. Buyer effects any additional due diligence they require on the BTC. [Seller ID not revealed to Buyer. Seller ID is fully revealed to Escrow]
    7. Once Buyer is happy to proceed they advise Escrow lawyer of the Buyer’s pricing structure, number of coin and frequency of trading.
    8. Escrow lawyer, as Escrow, certifies to Seller that the Buyer has demonstrated the availability of clear clean funding to acquire the BTC.
    9. Escrow lawyer, as Escrow, certifies to Buyer the agreed BTC availability from Seller on the agreed terms.
    10. Seller agrees sale contract and Buyer agrees purchase contract setting out key commercial terms:-
    a. For Buyer - Escrow lawyer undertakes (as Escrow and Solicitors) to hold Buyer’s purchase monies in Client Account and to return on demand if BTC deal is not completed as agreed.
    b. For Seller – Escrow lawyer takes control of BTC into its own wallet and undertakes to Seller to hold BTC to their order on basis of passing to Buyer on completion of sale or return of coin to Seller if not completed.
    c. Escrow lawyer lodges BTC in Buyers’ wallet and releases sale proceeds to Seller.
    d. Seller agrees time incremented or opportunistic sales strategy for any future trading between the parties.
    11. (Any Intermediary sums/commissions retained by Escrow lawyer and paid out as agreed).
    12. Escrow lawyer pays intermediates.


Interested parties should contact:

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