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Secure Crypto Investments from Scams

Secure Crypto Investments from Scams
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Digital Asset Theft Loss Deductions are More Complicated Than You Think | ASKramer Law

Taxpayers can take a tax deduction with respect to “theft” losses that result from an illegal “taking of property” done with criminal intent. Among various other types of criminal. ....

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Is the Theft of Cryptocurrencies, Digital Tokens NFTs Tax Dededutible?

Is the Theft of Cryptocurrencies, Digital Tokens NFTs Tax Dededutible?
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Crypto Custody Services Expand; CFTC Enforcement Targets DeFi, SEC Targets NFTs; FinCEN Warns of Crypto Scams; Major Hacks Steal $41M and $55M | BakerHostetler

Financial Services Firms Expand Cryptocurrency Custody Services - According to recent reports, the cryptocurrency custody arm of a major international bank has launched. ....

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US Regulator Slaps Trading Firm With $1,700,000,000+ Penalty for Defrauding Thousands of 29,420 Bitcoin

The Commodities Trading Futures Commission (CFTC) is hitting a South African Bitcoin (BTC) trading and networking firm with a ban and a $1.7 billion penalty for defrauding investors. In a new press release, the CFTC announces a judge has ruled that Mirror Trading International Proprietary Limited (MTI) must pay over a billion dollars to compensate the victims of its fraud scheme involving foreign currency transactions. “The order ....

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