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Tag: U.S. Internal Revenue Service

Bitcoin Cash (BCH) Backer Roger Ver Arrested and Charged With Evading Nearly $50,000,000 in Taxes – The Daily Hodl

A prominent early Bitcoin (BTC) investor was arrested in Spain over the weekend for allegedly evading $50 million worth of US taxes. Roger Ver, a...

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IRS Demanding $24,000,000,000 From FTX Would Take Money Away Collapse Victims, Lawyers Say: Report – The Daily Hodl

FTX’s lawyers are pushing back against the U.S. Internal Revenue Service’s (IRS) efforts to claim billions of dollars in unpaid taxes from the bankrupt...

IRS Criminal Investigation Unit Says Crypto Tax Investigations Surged in 2023 – The Daily Hodl

The U.S. Internal Revenue Service’s (IRS) criminal investigation unit says crypto tax investigations are on the rise. The unit notes in a new annual report...

Kraken will share data of 42,000 users with IRS

United States-based cryptocurrency exchange Kraken said it will share the data of 42,000 users with the U.S. Internal Revenue Service (IRS) in compliance with...

The Crypto Roundup: 13 October 2023 | CryptoCompare.com

Nasdaq-listed cryptocurrency exchange Coinbase has argued that a recent proposal from the U.S. Internal Revenue Service (IRS) could pose a risk to the cryptocurrency...

Cryptocurrency Regulatory and Legislative Analysis #13

Cryptocurrency Regulatory and Legislative Analysis #13September 6, 2023Demetrios TseasRegulatory and Legislative Analysis – NAM (United States & Canada)SEC freezes assets and charges 18 Utah...

IRS Rules Staking Rewards Are Immediately Taxable, Web3 Advocates Push Back

The IRS is mandating that blockchain staking rewards should be reported as income.Web3 advocates are pushing back against a recent ruling from the U.S....

Official Committee of Unsecured Creditors of FTX Responds to IRS’s $44 Billion Claims

The Official Committee of Unsecured Creditors of FTX, a now-bankrupt cryptocurrency exchange, has publicly responded to the U.S. Internal Revenue Service's (IRS) staggering $44...

IRS To Send Crypto Experts Worldwide in Pilot Program To ‘Combat Cybercrime’ – The Daily Hodl

The U.S. Internal Revenue Service (IRS) is launching a pilot program to combat cryptocurrency-related cybercrime worldwide. According to the IRS, the federal agency is sending...

Alameda’s $38B IRS bill, Do Kwon kicked in the assets, Milady frenzy: Asia Express

IRS wants $38 billion tax from Alameda According to recent flings posted by the claims agent of bankrupt cryptocurrency exchange FTX, the U.S. Internal...

IRS Files $44 Billion Claims Against Bankrupt FTX

The IRS’ claims against the crypto exchange could take precedence over claims of other FTX creditors. Photo by Alexander...

Kraken Settles With SEC, Shuts Down Crypto Staking Service

Kraken, the crypto exchange founded by Jesse Powell, has agreed to terminate its staking-as-a-service platform for its US-based customers and pay a $30 million...

ConsenSys releases statement of support for continuation of the Jarrett tax case

ConsenSys issued a statement Feb. 7 in support of the appeal of the of Jarrett v. United States case concerning the taxation of staking...

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