Jeremy Hogan, partner at law firm Hogan & Hogan, theorized that the transaction might be an attempt to reveal the identity of Bitcoin’s creator leveraging new U.S. tax rules. Taxpayers in the U.S need to report every crypto transaction over $10,000 to the Internal Revenue Service (IRS) starting this year.
ABOUT AUTHOR
CATEGORIES
- LUNC News: Terra Luna Classic Core Dev Reveals Major Update on Tax2Gas
- EFCC Opposes Bail as Detained Binance Exec Seeks Medical Care in Nigerian Money Laundering Trial
- XRP Unexpected Price Drop Wipes Millions in Volume
- Top Altcoins To Buy For 100% Upside In Short-term!
- TON Down 14% as Telegram CEO Pavel Durov Arrested in France
- Cardano (ADA) Price Reaches Crucial Bull Point: Details
- Telegram CEO Pavel Durov Arrested at Paris Airport; TON Coin Dips 17%