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Market Cap:
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Cryptopolitan
2023-05-11 20:04:35

IRS files $44 billion worth of tax claims against FTX

IRS files $44 billion worth of tax claims against FTX

The US Internal Revenue Service (IRS) has filed claims worth $44 billion against bankrupt cryptocurrency exchange FTX and its subsidiaries. The body highlighted the importance of complying with tax regulations in the cryptocurrency industry. As cryptocurrencies continue to gain mainstream acceptance, governments around the world are likely to increase their oversight of the industry, including ... Read more

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