How do I file a tax return on crypto?
Hello, I'm curious about how to go about filing a tax return on my cryptocurrency transactions. Can you walk me through the process? What kind of information do I need to provide? Are there any specific forms I should be aware of? And are there any common mistakes or pitfalls I should avoid when filing my taxes related to crypto? I appreciate your help in navigating this process.
Which crypto exchanges are filing for Chapter 11 bankruptcy?
In recent weeks, the crypto industry has been hit with a series of tumultuous events, leading to speculation about the financial stability of some major exchanges. With this backdrop, it begs the question: which crypto exchanges are currently filing for Chapter 11 bankruptcy? The implications of such filings are significant, not only for the investors who have entrusted their funds to these platforms, but also for the overall crypto market. With liquidity concerns mounting and trust in certain exchanges waning, it's crucial to understand which exchanges are facing financial distress and the potential impact it could have on the broader ecosystem. Staying informed and vigilant in this ever-changing landscape is paramount for investors and market participants alike.