NOPE

[CZ 🔶 BNB @cz_binance]

Ledger's supply chain in Singapore is compromised too, according to SG police.

I have many crypto friends in SG. Please be extra careful. Stay SAFU! 🙏

https://t.co/Rfs4uEJ0n2

[Andrew Gordon @accounting]

The scariest IRS crypto letter is the one that doesn't ask you to do anything.

Everyone asks: "Do I need to respond?"

It depends on the number in the corner.

Letter 6173 is the serious one. It asks for a response by a deadline. Ignore it and your case can be sent for an exam.

Letter 6174 is a soft reminder. It explains the rules and suggests you check your returns. No reply required.

Letter 6174-A is a step up. It says the IRS has information that you may have had crypto transactions you didn't report correctly. Still no reply required.

You know why the "no reply" letters are the dangerous ones?

Because people toss them in a drawer.

These letters aren't random. They come from data the IRS already has, like exchange records. A 6174 or 6174-A is the IRS telling you it's looking.

Typical case: someone forgets an old account on a second exchange, gets a 6174-A, and does nothing. Later it's an exam, with penalties and interest on top.

What I'd do with any of these letters:

• Check which letter number it is
• Pull every exchange and wallet for the years it mentions
• Compare that to what you actually filed
• Amend if something's missing, before the IRS asks

Fixing it yourself usually costs less than fixing it after an exam starts.

That's why I helped write Section 502 of H.R. 10357, a low-penalty path for honest mistakes. It cleared Ways and Means but isn't law yet.

Until it passes, treat the letter as your warning shot. Don't waste it.

[Clinton Donnelly @CryptoTaxFixer]

What can you do if you've experienced a cryptocurrency theft?

First of all, you want to start collecting data about what happened. You want to document everything.

If you have a receipt showing that you bought a Ledger from a party that's now been shown to be illegitimate, save that receipt.

If you can capture the transactions from your hardware wallet, download the transaction history and save it as a PDF.

You want to preserve the wallet addresses, transaction hashes, dates, amounts, and any communications relating to the incident.

Then you want to go to the FBI's Internet Crime Complaint Center, the IC3.

They have a webaite where you can report cryptocurrency fraud and cybercrime. You basically get to tell your story.

Now, filing a complaint doesn't guarantee that you'll recover your cryptocurrency. But the FBI uses these reports to identify patterns, aggregate information, and investigate criminal activity.

And from a tax perspective, having a timely IC3 report can help support your account of what happened.

You can also report it to your local police station. If you have a copy of that police report, that can help establish a record of the incident.

Now, these reports don't automatically prove that you're entitled to a tax deduction.

But they're important pieces of evidence.

The IRS wants to see the hallmarks of someone who has genuinely experienced a theft.

You had a police report, you had an IC3 report, and you maybe have copies of the transactions.

We can look at those transactions. You can also work with companies that perform blockchain forensic analysis to help trace where the cryptocurrency went.

They may be able to identify whether the receiving address has connections to known criminal activity.

All of these things can help establish what happened.

You also need to document how much you originally paid for the cryptocurrency and whether there's any reasonable prospect of recovering it.

That's important because a qualifying theft loss deduction is generally based on your adjusted tax basis, subject to the applicable rules, not simply the cryptocurrency's market value when it was stolen.

If you've lost a significant amount of cryptocurrency, the potential tax consequences can be substantial.

But the amount of any deduction and the actual tax benefit will depend on your individual circumstances.

So don't allow shame to prevent you from documenting what happened.

If you've experienced one of these hardware wallet attacks, protect your remaining assets, preserve your evidence, and get knowledgeable tax advice.

You may have options available, but you need the documentation to support them.

[Cointelegraph @Cointelegraph]

🇺🇸 REGULATION: The IRS is about to make it way cheaper to confess your crypto tax sins.

Lower penalties, 120-day resolutions and installment plans, all before December.

https://t.co/jhW06iFq8P

[NOPE @luunasoftz]

@JulianVerhun @BarbellFi Julian, just wanted to chime in and tell you that you are retarded.

[Crypto Tax Made Easy @CryptoTaxSucks]

The IRS knows you've been evading crypto tax.

And they might give you a penalty-free chance to come clean.

A congressional committee recently passed a bill that includes a voluntary disclosure program for digital assets.

If it passes, you'd have 12 months to correct your tax returns, pay the tax, and say "sorry for my mistake".

0 penalties.

If this becomes law, would you come clean?

[Killa @KillaXBT]

Q4 pump. Q1 derisks. Q2 accumulates. Q3 Expansion.

[Out of Context @InsaneContext]

Meth Head Predator Arrested After Getting Caught Trying Lure to a 13-Year-Old to Smoke Crystal Meth.

What Happens After He's Caught is Unbelievable!

[StockWhale @thestockwhale]

In 2025, I told you to buy quantum and we made millions together.

In 2026, I told you to buy quantum AGAIN. This time, you'll retire within the next 4 years.

Here are the BEST quantum stocks to buy right now:

1. IonQ $IONQ
2. International Business Machines $IBM
3. Infleqtion $INFQ
4. Rigetti Computing $RGTI
5. D-Wave Quantum $QBTS
6. Xanadu $XNDU
7. Quantum Computing $QUBT
8. Arqit Quantum $ARQQ
9. Horizon Quantum $HQ

All my buy and sell signals in Discord @ https://t.co/GaBnArAAKe.

[Financial Dystopia @financedystop]

All this just to get out performed by the S&P 500

[hunter @hxxntrr]

You owe the IRS $100,000

They'll take $5,000 and close your file. Permanently. Balance goes to $0

It's called an Offer in Compromise. Form 656. The IRS approved 42% of them last year. Application fee: $205

Here's the exact formula they use to decide your number and how to reverse-engineer the lowest possible offer

The IRS doesn't want to chase you for 10 years. Liens require court filings. Levies require processing. Garnishments require administration. They'd rather take your $5,000 check today than spend a decade trying to squeeze $100,000 out of someone who will never have it

They literally built a math formula to calculate the minimum they'll accept. Here it is:

RCP = (monthly disposable income x remaining collection months) + (net realizable equity in assets)

Monthly disposable income: your gross monthly income minus IRS-allowed living expenses. They don't use YOUR actual expenses. They use standardized tables published on the IRS website. These tables set exact allowances by county for housing, food, transportation, healthcare, and out-of-pocket expenses

If you earn $4,200/month and the IRS allowable expense table for your county totals $3,900, your disposable income is $300/month. If you earn $3,800/month and the table allows $3,900, your disposable income is negative and the IRS considers it $0

Remaining collection months: for a lump sum offer (paid in 5 months or less), multiply disposable income by 12. For a periodic payment offer (paid over 6-24 months), multiply by 24. A lump sum offer will always be cheaper than a payment plan offer. Always choose lump sum if you can

Net realizable equity in assets: bank accounts, investments, vehicles, real property. BUT they subtract allowances. Household furnishings: exempt. Retirement accounts: heavily discounted, because the IRS applies a "quick sale value" and knows cashing them out triggers penalties and taxes

Real calculation:

Income: $4,200/month
IRS allowed expenses: $3,900/month
Disposable income: $300/month

Lump sum multiplier: 12 months
$300 x 12 = $3,600

Assets:
Bank account: $2,100
Car equity: $4,800 (below the IRS allowance, counts as $0)
Household goods: exempt

RCP: $3,600 + $2,100 = $5,700

Your offer: $5,700 on $100,000 in tax debt. 5.7 cents on the dollar

The nuclear part:

While the offer is being reviewed (6-24 months), collection activity legally stops. No levies. No wage garnishment. This is in IRC Section 6331(k)(1)

And if the IRS fails to make a determination within 24 months of receiving your application, your offer is AUTOMATICALLY ACCEPTED. Two years of silence = you win by default. IRC Section 7122(f)

The forms you need:

Form 433-A (OIC): complete financial disclosure. Every bank account, every asset, every income source, every expense. Fill it out accurately because they cross-reference it against bank and DMV records. Lying on this form is a federal crime

Form 656: the actual offer. Your amount, your payment terms, your signature

$205 application fee (waived if your income is low enough. the form has the table)

Initial payment with the application: 20% of your offer for lump sum. On a $5,700 offer that's $1,140

One client owed $213,000 across 4 tax years. Hadn't filed two of them. Getting intent to levy notices every month. We filed the missing returns first (required before you can submit), then calculated her number at $8,400

IRS accepted 9 months later. $213,000 settled for $8,400. 3.9 cents on the dollar

Then we fixed her credit. Then we stacked $120K in 0% business funding. She opened a cleaning company 4 months later. The same IRS that was garnishing her wages now cashes her quarterly tax payments from a profitable business

the math is public. the formula is published. the form costs $205. the difference between paying $100K and paying $5K is knowing it exists lol

[vitalik.eth @VitalikButerin]

I don't recommend anyone scramble to move their funds to new wallets today. But we should take the risks to cryptography from AI-accelerated math seriously, and minimize our exposure to not just quantum-vulnerable cryptography, but also potentially AI-vulnerable cryptography.

The core new area of risk from this viewpoint is, unfortunately, ML-DSA / FHE / lattices.

(and it's also another reason, along with quantum, why ECDSA might fall even faster than expected, hence the "fresh address" recommendation)

So far most people have been in the mode of thinking "elliptic curves broken, hashes safe, lattices safe". But there is a good chance that the concrete security of lattices will take serious hits from the next two years of AI math.

The basic threat model is: factoring is something that naively takes 2^(n/2) time, but over decades smart people have found and optimized number field sieves, and degraded that to 2^O(n^(1/3)), which is why RSA keys and signatures need to be ~400 bytes (and not 64 bytes). What if there are skeletons in the closet like that, both for elliptic curves and lattices, that we are simply not smart enough to discover - but bots soon will be?

This is a major part of the reason why for the past year ethereum's lean roadmap has been going in the "hash-only" direction: no lattices, no ML-DSA, no Falcon, no lattice-based commitments inside ZK proofs, etc. Signatures in lean ethereum are all hash-based, either WOTS or SPHINCS-.

For signatures and proofs, we already know how to go hash-only. The bigger challenge is for *public-key encryption* - and this goes far beyond blockchains. Secure communication, anonymizing protocols, lots of things need public-key encryption.

And unfortunately there are long-standing mathematical theorems showing why public-key encryption cannot be done with hashes alone. You have to have some kind of trapdoor object that has at least one form of usable "structure" - either group theory (incl. isogenies) or lattices or code-based or potentially in the future even more newfangled and spooky things (local mixing?). But for anything that has structure, you should assume that AI will make at least some progress in breaking that structure. Here, one reasonable inference is that if you want to make something plausibly long-term secure, multiply the key sizes by 10.

To me that's a very plausible world and something not at all extreme to predict. If AI will bring us 50 years of math in 2 years, then that 50 years of math may very plausibly include a "naive factoring -> GNFS" level of improvement to our ability to break lattices. In that world, lattices will still exist, but they will have to be significantly bigger to guarantee the same level of safety.

And at those new larger sizes, hash-based constructions will beat lattice-based constructions on concrete efficiency in every use case where hash-based constructions are possible at all.

Theoretically, of course it's possible that hashes are broken too (eg. P = NP would imply that). But I think P = NP is very unlikely. And intuitively, it's much more likely that a mathematical object has exactly no exploitable structure (like hashes are intended to), than that a mathematical object has exactly ~3 forms of exploitable structure (for elliptic curves: associativity, Schoof, pairings) and not some secret fourth form of structure we have not yet discovered that greatly degrades its security (for elliptic curves, ECDLP and pairing security). Similar for LWE, SVP, RLWE and the zoo of lattice problems.

For this reason, we do not yet see any reason to worry and start padding the byte size of hashes (if we start to worry more, we would pad the round count first before doing anything to the byte size).

Concrete TLDR, my own personal views:

* Hash-based > lattice-based, in those situations where hash-based is possible at all
* For anything lattice-based, be much more paranoid on param sizes. Remember that blockchains are only a small portion of the cryptography story; this point goes far beyond blockchains and applies to eg. access to websites, secure messaging, Tor / VPNs ...
* For privacy protocols, strongly favor NOT putting encrypted notes onchain. Instead, send them offchain through some third-party mechanism.
* If it's not difficult for you, keeping your funds in addresses which have not yet been used to make a transaction is a good idea. If it's easy for you, do it. **But be careful about migrations; I personally have lost more money in botched migrations than I have lost in all hacks combined**.
* For multisig wallets, doing confirmations offchain is better than onchain, because this way the signatures of signer wallets do not get exposed to the public, so if ECDSA falls to AI much faster than expected, at least the multisig "gracefully degrades" to a 1-of-1 where the 1 is whoever was gathering the signatures - a much better place to be than "anyone can take the money"
https://t.co/oVjwZog2lL

[NOPE @luunasoftz]

@SurgeonHSK @KillaXBT Ladies and gentleman we got a man who raised his hand said he is sidelined.

[Hippie Mikey @_Hippie_Mikey]

That’s it I’m convinced.

Extraterrestrials live amongst us, cause I don’t know what the heck is this dude, but yea… 👀

👽 🛸

[NOPE @luunasoftz]

@4amAlready Ai?

[Clinton Donnelly @CryptoTaxFixer]

🚨URGENT: I believe the IRS has significantly increased the number of Letter 6174 notices being sent to crypto traders.

Based on what we’re seeing, I estimate the IRS could now be sending around 10,000 of these letters per month.

Last week alone, 5 clients came to us with 6174 letters. That is unusually high.

Letter 6174 is a voluntary compliance letter. It essentially tells you the IRS believes you may not have correctly reported past cryptocurrency activity and wants you to review your filings.

The IRS itself confirms that 6174/6174-A letters are part of its voluntary compliance program and are not themselves an audit.

In my view, these letters are being used as an intimidation tactic to pressure crypto taxpayers into taking action before they fully understand their position. I’ve warned about these letters before.

DO NOT SIGN OR SEND ANYTHING TO THE IRS WITHOUT GETTING PROFESSIONAL ADVICE FIRST.

Some versions, including Letter 6174-A, specifically state that you do not need to respond, although the IRS may contact you later about enforcement activity.

If you’ve received one, upload your IRS letter to us for review and get advice on how to handle it before you act.

Please spread the word. Crypto traders need to know these letters are going out.

https://t.co/xS2dKlJMgN

[NOPE @luunasoftz]

@3OGLiv @EverythingCar_X @grok @grok. Why do they do this

[NOPE @luunasoftz]

@trapmoneygood @4lokoactivist No DoorDash is volunteer work either way. And you are poor so silence

[Health & Nutrition Tips @healthnutritipz]

1. Bone broth contains collagen, glycine, and gut-healing amino acids you literally cannot get from any modern supplement at the same potency.

2. Sauerkraut has more probiotics in one tablespoon than most $40 probiotic bottles.

3. Apple cider vinegar before meals lowers blood sugar response by up to 34% in people with insulin resistance.

4. Ghee (clarified butter) has been used in India for 5,000 years — modern science now shows it’s rich in butyrate, the #1 fuel for your colon cells.

5. Liver is nature’s multivitamin: more vitamin A, B12, iron, and folate than any “superfood” you can buy. *(Organ Meat)*

6. Raw garlic eaten on an empty stomach for 7 days has been shown to lower blood pressure as effectively as some expensive supplements.

7. Soaking nuts overnight removes phytic acid — the “anti-nutrient” that blocks mineral absorption. Your grandma did this without knowing the science.

8. Eating the white pith of citrus fruits *(the part everyone peels off)* gives you bioflavonoids that boost vitamin C absorption by up to 10x. Throwing it away is throwing away the best part.