FTX Says It Doesn't Have To Pay $24B Tax Bill To IRS - Law360
Gunnar Larson
g at xny.io
Wed Dec 13 15:08:17 PST 2023
They should keep trading STX to pay off the FTX tax bill.
Not so sure why the FTX digital asset trust would be stiffing the IRS,
because STX trades all day:
https://www.bloomberg.com/news/articles/2023-11-29/ftx-approved-to-start-selling-744-million-in-grayscale-assets
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https://www.law360.com/articles/1775966/ftx-says-it-doesn-t-have-to-pay-24b-tax-bill-to-irs
FTX Says It Doesn't Have To Pay $24B Tax Bill To IRS
By Emlyn Cameron
FTX recently told a Delaware bankruptcy judge the company stands by its
estimate that its losses mean the cryptocurrency exchange doesn't owe
anything to the Internal Revenue Service, which billed the bankrupt
business for $24 billion in unpaid taxes.
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