DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Cryptocurrency Cointelegraph

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.

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.

Original source

Read on Cointelegraph

Related market context