KrittyKat
VIP Member
So....they (ie Scammie and Trent) each, initially (late Sept 2022) took 176 eth each from the project. Since then, Anna has withdrawn an additional 76 eth from the TAW wallet. NOW, this doesn't mean that she has converted it all to "real" /fiat /usable currency - most of it is still sitting in her various crypto wallets. One of her wallets has a balance of about 148 eth and it looks like shes converted, over the last 12 months, approx 60 eth to fiat (so there's another 44 eth somewhere? Maybe used to buy TAW NFTS?).Buying a house will be tied back to having a baby.
Annie did make an obscene amount on the clip art project, but I’ve lost track of how much went to Trent and how much has been used to buy the Chinese gymwear stock. Plus day to day living costs.
She probably has enough for a deposit, but banks aren’t going to be falling over themselves to finance her property purchase, even if she has THREE GLOBAL BUSINESSES (in her living room).
Over the last 12 months, the price of eth has, at its lowest been worth approx $2500 aud and at is highest, $6150 - I can actually go back and check the price that she sold her eth for each transaction making up the 60 eth shes sold in the last 12 month, but at this moment, I really can't be fucked. So, lets just say, on average, shes probably converted about $250k AUD - which she then would have had to pay tax on.
The dilemma that she has, is that while, on todays prices, the 148 eth that she is currently holding is worth about $850,271.84AUD, which is more than enough for a house deposit BUT if she converts it into fiat in one go, she'd be paying between 44 - 47% tax on it.
EDIT: this all publicly available date on etherscan. I don't have special access - or even any indepth understanding of the crypto market - this is all purely what I've found by following her money trail from the TAW wallet to all of the deposits/transfers from it.