Bitcoin (BTC) $80,323.01 3.46%
Ethereum (ETH) $2,417.40 5.58%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 95.677759 3.16%
Chainlink (LINK) $11.50 4.46%
Cardano (ADA) $0.20 3.23%
Litecoin (LTC) $55.65 2.84%
Dash (DASH) $48.46 5.15%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.334897 -1.84%
X-Cash (XCASH) 3.0E-6 0.00%
Dogecoin (DOGE) $0.00 6.63%

Cryptocurrencies: 30359

Markets: 109462

Market Cap: $2,684,739,922,049

24h Vol: $86,906,388,276

CoinTelegraph

2022-12-16 22:48:32

The outcome of SBF's prosecution could determine how the IRS treats your FTX losses

The outcome of SBF's prosecution could determine how the IRS treats your FTX losses

Will your losses to FTX be classified as capital losses or as a “theft loss” that involved a Ponzi scheme? Either way, you’ll probably win.

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