His Failed Cryptocurrency Exchange FTX?

“He’s lost money in a bunch of Pennsylvania elections, the most stunning example being in the 2022 gubernatorial campaign, where Jeff put something like $16 million behind Bill McSwain, through this group called Commonwealth Partners,” this person said. “The only thing you can appeal to is, ‘You’re gonna lose and be humiliated,’” Yass told the outlet. Ron DeSantis, contributing $2.5 […]

What are the Legal Risks to Cryptocurrency Investors?

If you are an employee and receive cryptocurrency as salary, it is taxable as income. Commonly called an FBAR, for Foreign Bank Account Report, this is FinCEN Form 114, and it must be filed by holders of substantial overseas accounts. Cryptocurrency trading frequently involves holding cryptocurrency in a foreign account. The amount is based on the value in U.S. As […]