IRS Warning Letters to Early BTC Buyers Illustrate the Utter Disarray of our Current Lawsby@LPX
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IRS Warning Letters to Early BTC Buyers Illustrate the Utter Disarray of our Current Laws

July 29th 2019
3 min
by @LPX 437 reads
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Too Long; Didn't Read

The IRS is targeting those who traded or bought more than $20,000 worth of Bitcoin between 2013 and 2015. A warning letter have been sent, or will be sent, to each individual that are in this list, strongly advising that those who may not have reported taxes properly or even filed at all to amend their taxes as soon as possible. The exact method in which these 10,000 people were picked are unknown as well, but we can safely assume they were obtained from subpoenas served to a certain exchange that is still standing today.

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by LPX @LPX.Former CEO, Web3 Evangelist, & 2019 Noonie Winner. After years of hiatus, it's good to be back just DAOin' it.
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