Friday, August 9, 2024

IRS Shares New Crypto Tax Form, Invites Industry Input

The U.S. Internal Revenue Service (IRS) has released an updated draft version of the tax form crypto brokers and investors will use to report proceeds from certain transactions, the 1099-DA.

source https://www.coindesk.com/policy/2024/08/09/irs-shares-new-crypto-tax-form-invites-industry-input/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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Celsius Founder Alex Mashinsky Sentenced to 12 Years in Prison for Fraud

NEW YORK, NY — Alex Mashinsky, the founder and former CEO of bankrupt crypto lending platform Celsius Network, was sentenced to 12 years in ...