Internal Revenue Service (IRS)

FTX Warns IRS Tax Bill Poses Threat to Creditors’ Recovery Prospects’
Crypto

FTX Warns IRS Tax Bill Poses Threat to Creditors’ Recovery Prospects’

Crypto firm FTX contests the $24 billion IRS tax bill in bankruptcy proceedings. In a new development, the insolvent cryptocurrency exchange currently undergoing bankruptcy proceedings, FTX Trading, has contested a proposed $ 24 billion tax bill levied by the United States Internal Revenue Service (IRS). FTX, mired in legal woes along with sister firm Alameda […]

Dec. 12, 2023