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Release the Kraken Tax Transaction Information

On June 30, 2023 the District Court in the Northern District of California granted a petition to enforce the cryptocurrency exchange Kraken to release customer information.  Specifically, Kraken was ordered to produce the...more

Five Takeaways from the FTX Cryptocurrency Exchange Fallout

Blockchain and its related cryptocurrencies were intended to upend a financial system completely reliant on trusted intermediaries. Starting in 2021 the adoption rate of cryptocurrencies skyrocketed. Originally published in...more

IRS Continues to Hunt for Cryptocurrency Investors with John Doe Summonses

The IRS knows it has a problem, in that it knows there are far more cryptocurrency transactions than are being reported on tax returns. The IRS may also get an $80 billion increase in funding for enforcement that will help...more

Taxation of Digital Collectibles: Sports, CryptoPunks and CryptoKitties, Oh My!

What do professional athletes, punk artwork and digital kittens have in common?  They are all part of the expansion of valuable collectible assets using cryptocurrency and blockchain technology.  You can collect digital items...more

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