Loss of Bitcoins in Bitfinex Could be Deducted on US Tax Returns

Loss of Bitcoins in Bitfinex Could be Deducted on US Tax Returns

Following the hack at Bitfinex, many people stand to lose money as the company spreads losses among users. A 36% haircut was announced, but some users claimed even bigger losses. American tax accountant Daniel Winters explains how the IRS could allow U.S. taxpayers to deduct their losses from the Bitfinex hack. Tax Deduction for Bitfinex Hack Victims.....


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