Musk releases controversial cryptocurrency trading tax issues, mentions project surges by more than 100% in short term
Musk posted a dispute over cryptocurrency trading and tax payment on the X platform. The original text was "Customers bought CumRocket worth $7,000, pledged it for three months, and earned a return of 6,900%. Then they sold it and withdrew the profit to invest in NFTitties, but the developer rug pulled the project and they only managed to liquidate 10% of the funds. Can customers deduct the gas fees for minting coins to balance short-term capital gains taxes?"
Affected by this news, the token CumRocket (CUMMIES) with the same name surged more than 100% in a short period of time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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