Musk releases controversial cryptocurrency trading tax issues, mentions project surges by more than 100% in short term
Musk posted a dispute over cryptocurrency trading and tax payment on the X platform. The original text was "Customers bought CumRocket worth $7,000, pledged it for three months, and earned a return of 6,900%. Then they sold it and withdrew the profit to invest in NFTitties, but the developer rug pulled the project and they only managed to liquidate 10% of the funds. Can customers deduct the gas fees for minting coins to balance short-term capital gains taxes?"
Affected by this news, the token CumRocket (CUMMIES) with the same name surged more than 100% in a short period of time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Rally mode: BTC hits $100K, ETH catches a bid
Risk appetite returns on merger, trade news — but can it last?
FTC backs DOJ’s plan to expose Google’s search data to rivals
Share link:In this post: The U.S. FTC supports the DOJ’s proposal to force Google to share search data with competitors. Google argues that the plan undermines intellectual property, exposes trade secrets, and endangers user privacy. DOJ also wants Google to sell off Chrome and stop paying Apple as the default search engine.
Lido unveils Dual Governance plan to give stETH holders a voice in protocol decisions
Share link:In this post: Lido has published the proposal for its Dual Governance mechanism which will give staked ETH holders a voice in DAO decisions. Although the date of implementation remains unknown, the upgrade which is years in the making is generating excitement. LDO is up more than 8% over the last 24 hours but is still struggling in yearly returns.
Samourai Wallet case prosecutors deny violating the Brady Rule
Share link:In this post: Samourai Wallet case prosecutors have denied withholding exculpatory evidence, violating the Brady rule. The prosecutors want the judge to deny the defense’s request for a late hearing on the issue. The prosecutors added that the input of the interviewed personnel was their personal input and will not have an effect on the case.
Trending news
MoreCrypto prices
More
