Quote 100%You only have something to worry about if you haven't been filing reports and paying taxes/VAT. If you haven't, your only hope is that there is some lapse in procedures at Wise and they haven't or won't report your account. Amount does not matter.
If your goal is to run a successful business, the only advice I can give is to stop wasting your time with tax evasion. It's 2022 and even if there are weaknesses in FATCA now, they won't last. I've seen examples of EU citizens and residents having their US based accounts reported under FATCA. Just run a clean business. They are much easier to scale as you grow. Secrecy structures or non-compliant structures have a much, much harder to truly succeed. What's x% tax if you can grow your business 2x, 3x, 4x without having to worry when/if your structure is going blow up?
If you have EU citizenship and don't like your current tax situation, you can very easily start over in for example Cyprus, Malta, or Ireland.