/biz/ - Business & Finance

>>20723391
>Knock knock.
>Who's there?
>Agent cooper from the IRS
>We want to ask you some questions about some recent cryptocurrency sales on your Coinbase account
>Fuck
>Where did you get so much money?
>I held something called AMPL
>where did you get the money to buy it?
>I started with a small amount
>You cashed out a ton of ETH, where did you get it?
>I traded my AMPL for it.
>I see no records of you receiving additional payments of AMPL.
>Well they just rebase it and it kept growing like an airdrop
>So they give you new coins every few days because you already have some? sounds like a ponzi.. anyhow I don't see that here..
>Well officer, it's like a stock split you know?
>Sir, cryptocurrency is not a stock. It cannot be "split" anymore than dividend disbursements can be considered a "split".
>Additionally, the law New coins received through an airdrop are taxed as ordinary income.
>How would you like to pay your delinquent tax liability? We don't take internet tokens.
>Fuck.

>>20719371
>Knock knock.
>Who's there?
>Agent cooper from the IRS
>We want to ask you some questions about some recent cryptocurrency sales on your Coinbase account
>Fuck
>Where did you get so much money?
>I held something called AMPL
>where did you get the money to buy it?
>I started with a small amount
>You cashed out a ton of ETH, where did you get it?
>I traded my AMPL for it.
>I see no records of you receiving additional payments of AMPL.
>Well they just rebase it and it kept growing like an airdrop
>So they give you new coins every few days because you already have some? sounds like a ponzi.. anyhow I don't see that here..
>Well officer, it's like a stock split you know?
>Sir, cryptocurrency is not a stock. It cannot be "split" anymore than dividend disbursements can be considered a "split".
>Additionally, the law New coins received through an airdrop are taxed as ordinary income.
>How would you like to pay your delinquent tax liability? We don't take internet tokens.
>Fuck.