Page 54 - Fin Tech News Today

Can digital asset or cryptocurrency investors that were customers or account holders in a failed cryptocurrency business claim a deduction for their digital asset or cryptocurrency loss?

Since at least 2016 the IRS has been ferreting out taxpayers who failed to report their taxable gains from cryptocurrency transactions by issuing John Doe summonses to crypto exchanges and dealers.

In this episode of The Legit Ledger, Sheppard Mullin attorneys Jim Gatto and Yasamin Parsafar discuss the Court's order granting summary judgment ...

Imagine that Megan Thee Stallion told you that by investing as little as $1 in Bitcoin, with her Megan Thee Stallion Ad knowledge and your hustle, "you'll have your own empire in no time."

Shoba Pillay, the Examiner appointed in Celsius' bankruptcy cases, filed her interim report on November 19, 2022. The Celsius Examiner's report provides some important insight into a crypto-exchange's operational...

FINRA recently announced targeted exams of its members focused on certain retail communications concerning "crypto asset" products and services between July 1, 2022 and September 30, 2022.

A team of lawyers from our global Tech team has advised Blockchain Coinvestors Acquisition Corp. I (BCSA), a special purpose acquisition company (SPAC), with respect to a deal to acquire financial...

As reported in the Wall Street Journal, Senior Treasury Department officials are warning cryptocurrency trading platforms on the dangers of currency "mixing" as a means of money laundering.

On October 11, 2022, the Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) acted in parallel to issue the first joint action...

Talk of bitcoin and cryptocurrency has been unavoidable in recent years. What should Louisiana businesses understand to play in this new sandbox? First, the American Law Institute (ALI)...