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Friday, Dec 04, 2020

The IRS Knows All About Your Secret Bitcoin Trades

The IRS Knows All About Your Secret Bitcoin Trades

The only thing that’s certain in life is death and taxes. For buyers of Bitcoin and other cryptos, the latter has come, as the IRS is now pumping out an avalanche of notices to more than 10,000 cryptocurrency investors who probably haven’t been upfront about their trades. The source of this is Coinbase, which submitted reports for 13,000 accounts under compulsion from a federal court order.
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