The IRS wants to start taxing NFTs as collectibles
The IRS has announced that it will tax NFT purchases in the future.
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The IRS has announced that it will tax NFT purchases in the future.
Silvergate Bank will wind down operations and be voluntarily liquidated. Its Silvergate Exchange Network payment platform was already suspended.
Singh has been charged with things like conspiracy to commit securities fraud and conspiracy to commit money laundering, among other charges.
In his SEC settlement, Paul Pierce has been ordered to pay a $1.1 million fine and disgorge $240,000 of his profits from promotion of EthereumMax.
The Securities and Exchange Commission alleged that Kraken sold unregistered securities and failed to register offer and sale of its crypto staking-as-a-service program.
A court found MetaBirkins NFTs were not protected under the First Amendment, awarding Birkins company Hermes $133,000 in the lawsuit.
Binance has not given a reason for the suspension, but has indicated that it is working to resolve any issues.
Coinbase stock soared after the dismissal of a federal securities suit.
The cryptocurrency world as taken another victim, with Genesis having between $1 and $10 billion in liabilities.
The two companies are being accused by the SEC of selling unregistered securities through their Earn partnership.