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Binance Probed by U.S. as Money-Laundering, Tax Sleuths Bore In

34 pointsby superbaconmanabout 4 years ago

2 comments

ethbr0about 4 years ago
Cryptocurrency is a union of people who hate banks, people who hate taxes, and people who hate financial transparency.<p>Sprinkled with a dash of the newly wealthy who aren&#x27;t informed about legal ways to dodge taxes.<p>Somehow, I am less than surprised that population includes a large percentage of folks tax authorities would be interested in...<p>Which has nothing to do with the technology itself, only those it&#x27;s marketed to.
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tldrthelawabout 4 years ago
This is only the beginning, there will be a massive crypto tax-reckoning in the coming years and it will, unfortunately, come on the backs of relatively small time investors.