I recently found out, there is a program called ROBS

"ROBS" stands for Rollovers as Business Startups, a financial strategy where you use funds from your existing retirement accounts (like a 401k or IRA) to invest in a new or existing business, typically by forming a C-corporation

You then issue stock from your newly created Corp and sell it to your 401k/IRA. You can use these funds that end up in the corporate bank account for "legitimate business expenses".

So say one has some Bitcoin sitting in an IRA at somewhere like Unchained. What's to stop that person from selling their BTC for cash and then moving that cash over to their newly created corporation through the ROBS process and turn around and start a Bitcoin Treasury for the company?

You end up funneling your Bitcoin tax and penalty free into your company.

Anyone see any holes in this idea?

Another note, I plan on spinning up a new company to purchase another company anyway. So there's no additional cost involved in this process except maybe the time to get it all setup properly.

nostr:nprofile1qqs2gndun24r2utk5l20tscsdprw5zttvm0qk58w8xhl2ja2kmzt7jcpvemhxue69uhkv6tvw3jhytnwdaehgu3wwa5kuef0dec82c33x5ehsmt90q6ry7p5vd5xge3hx5mksupnwym857rpvaukk6m9dvmhqer8wa6hwepsxu6rjd35v34hj6rp89ensvnj096ns0mzwfhkzerrv9ehg0t5wf6k2qg7waehxw309ahx7um5wgkkgetk9emk2mrvdaexgetj9ehx2ap05npa2h

nostr:nprofile1qqs8dzjwlrgdzltmgmmzg50l3jpr3hxv357hj03rjut5jsfm5ugtv9gn0vuws

nostr:nprofile1qqs2xs05tluhtr6hpgsmqqxp04898gayjlyrjlexcrndv8j6el784xqpp3mhxue69uhkyunz9e5k7qg4waehxw309ajkgetw9ehx7um5wghxcctwvs0vd8n5

nostr:nprofile1qqs2rd2hmee8f46endstt20q0qdhwvzd35tadkscnhkddn0wkxam6ws9eycjz