The IRS Wants to Tax Your Frozen Crypto
Bloomberg Crypto8 Mars 2023

The IRS Wants to Tax Your Frozen Crypto

Listen to Bloomberg Crypto on the iHeartRadio App, Apple Podcasts or Spotify.

Voyager. Celsius. Genesis. And of course, FTX. All major crypto companies that went bankrupt last year. All names we’ve talked a lot about on this podcast.

But even if you’ve heard of these companies, did you know there’s a tax season quirk for US investors who had digital tokens tied up in accounts on these platforms?

These investors have lost access to these funds while bankruptcy cases wind through the court system, and in some cases they’re going to have pay taxes on those assets.

Bloomberg’s Claire Ballentine, and Bloomberg Tax reporter Lauren Vella join this episode to help crypto investors who are dreading US tax season. We also connect with a crypto investor who owes tax on his losses.

Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter

This podcast is produced by the Bloomberg Crypto Podcast team: Supervising producer: Vicki Vergolina, Senior Producer: Janet Babin, Producers: Sharon Beriro and Muhammad Farouk, Associate Producers: Mo Andam and Ty Butler. Sound Design/Engineer: Desta Wondirad.

See omnystudio.com/listener for privacy information.

Avsnitt(224)

Bitcoin Miners Are Stressed Out

Bitcoin Miners Are Stressed Out

It’s been a tough winter for Bitcoin miners. As prices of the largest token have fallen from their record highs, there have been bankruptcies and warnings of potential bankruptcy. Billions of dollars ...

12 Jan 202317min

The UAE’s Crypto Ambitions Post-FTX

The UAE’s Crypto Ambitions Post-FTX

The United Arab Emirates has spent quite a lot of time — and considerable resources — positioning itself as a crypto-friendly hub. Its efforts have attracted some of the top names in crypto to the reg...

11 Jan 202315min

How Did Binance Come To Dominate Crypto?

How Did Binance Come To Dominate Crypto?

The bankruptcy of crypto exchange FTX and the indictment of its former CEO Sam Bankman-Fried, who’s pleaded not guilty to 8 criminal counts - is shining a light on the world’s largest crypto exchange ...

10 Jan 202319min

Introducing: Crash Course

Introducing: Crash Course

Hosted by Bloomberg Opinion senior executive editor Tim O'Brien, Crash Course will bring listeners directly into the arenas where epic business and social upheavals occur. Every week, Crash Course wil...

9 Jan 20231min

Solana Is Trying to Break Its Ties With Bankrupt FTX

Solana Is Trying to Break Its Ties With Bankrupt FTX

Crypto exchange FTX’s November 2022 collapse was one of the most spectacular and swift downfalls in the history of crypto. Now, as the bankruptcy dust begins to settle, investors and others wonder wha...

9 Jan 202318min

FTX’s Sam Bankman-Fried Pleads Not Guilty. Now What?

FTX’s Sam Bankman-Fried Pleads Not Guilty. Now What?

Welcome to the first This Week in Crypto episode of 2023. We’re kicking off the year with - can you guess? Sam Bankman-Fried. The former FTX CEO had quite the wild holiday season. His companies filed ...

6 Jan 202318min

Crypto’s Alpha Male Culture, Explained

Crypto’s Alpha Male Culture, Explained

In the days leading up to the staggering collapse of FTX, a series of tweets from a top crypto executive signaled that the exchange was likely in deep financial trouble. Former FTX CEO Sam Bankman-Fri...

5 Jan 202317min

What’s To Become of Miami’s “Crypto Hub” Status?

What’s To Become of Miami’s “Crypto Hub” Status?

Miami has always been famous for its beaches, beautiful people and glamorous nightlife. More recently, the city grabbed attention for trying to establish itself as a crypto hub, and witnessed an influ...

4 Jan 202319min

Populärt inom Politik & nyheter

aftonbladet-krim
svenska-fall
p3-krim
fordomspodden
rss-expressen-dok
rss-krimstad
flashback-forever
rss-sanning-konsekvens
motiv
aftonbladet-daily
rss-vad-fan-hande
spar
rss-krimreportrarna
grans
blenda-2
rss-frandfors-horna
rss-flodet
olyckan-inifran
krimmagasinet
dagens-eko