BTC USA

US court jails BTC investor for not paying capital gain tax

By Yugocean | Crypto Champion | 14 Dec 2024


     A court in Austin, Texas, has sentenced Bitcoin investor Frank Richard Ahlgren to 2 years in prison for not paying capital gains taxes on Bitcoin profits in 2015-17.

Source: WatcherGuru

     I don't know what your thoughts are on this, but I have a pro-crypto opinion.

 

In Support of Frank

     I think all this tax is stolen from the public by the government, so from my point of view, Frank is innocent; he only did what was not taken into consideration by the government at that time, and anyway, Bitcoin is for financial freedom.

 

bafybeihpakosvpxttzggcgkhkggfiosqe5w2laskuf6yh37bnoog5a6nya

 

Focus on the Cryptoverse

     Frank may be a BTC investor, but he was limited to selling Bitcoin and getting rich in fiat rather than HODLing or investing, so he didn't have any elaborate Cryptoverse plans, which are important to deal with political problems. Anyway, that time most BTC HODLers did the same, but now people have to create Cryptoverse plans.

 

 



Originally published at Grill, and on Wubits as thread

 

 

How do you rate this article?

27


Yugocean
Yugocean

Judge me by my action. Personally everyone will do self praise,.


Crypto Champion
Crypto Champion

Cryptocurrency-related contents that explains the status, need, or redundancy of new and old cryptocurrencies.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.