Anyone with a substantial amount of cryptocurrency needs to understand who has custody of the coins, and whether the wallet is insured.
https://t.co/hJS8O2fnSU
service allowed via #NFT. Highly case specific, but this could be an alternative method of service possibility when dealing in #cryptolitigation
https://t.co/ZfHUFPSSM4
It is important for DAO's and other online entities to choose a legal entity for protection. By choosing to incorporate under a legal entity, DAOs and other entities could reduce or limit liability to their coinholders. #cryptolaw#cryptolitigation
https://t.co/3AmBywEGMr
When in doubt in re overtime, seek legal advice on how to classify and pay highly compensated employees. This is an issue in the crypto sphere as many employees will hold one or more advanced degrees and receive higher compensation. #CryptoNews
https://t.co/sN1cCuP4tT
I'm back! and to celebrate I'm back, here's a bleak decision from SCOTUS regarding being unable to review factual findings in immigration cases. #immigrationlaw https://t.co/wVSQAleJOu
@web3isgreat This is my nightmare fuel, can you imagine locking yourself out of several lifetimes worth of earnings? Which is mainly why I focus on the legal aspects of crypto.
For those with more traditional business enterprises: would you accept #crypto payments? If so, there is likely a lot more to know rather than just starting to take payments.
https://t.co/GJUdcWlW0v
For those of you donating or using crypto assets in Ukraine, Russia and other sanctioned regions: be mindful that your assets could be subject to sanctions and fines.
https://t.co/BR5Vjv7c8x
... which a Court is likely to look at and say "lol no due to lack of jurisdiction."
Maybe a new challenger will come with a stronger case (or with more than one year in the works) that will manage to survive the IRS's strategies
A while back, the government replied to the Jarretts' filing with 3 main arguments. As a reminder, this is a case where the Jarretts are seeking a refund of the taxes paid on tezos staking rewards received in 2019.
#cryptolitigation#cryptocurrency#cryptotax
Is this case likely to change how the tax is calculated or charged? Very unlikely. It's a hail mary case. It's not a good vehicle for this, since it's a fairly low amount, it's only one person, and the end goal looks like it's to enjoin the IRS from collecting taxes...