#crypto Investors Owe the IRS $25 Billion
▻https://hackernoon.com/crypto-investors-owe-the-irs-25-billion-e7855a449dd6?source=rss----3a814
The world of finance is a competitive marketplace. It is cut-throat. The ones who have the most information usually win against those who are less informed. Even though people know the market is not necessarily a level playing field, investors continue to flock to invest their money in the 4,000+ national market stocks trading in the US today.The world of cryptocurrencies is a much darker tale. Insider trading is the norm. Early investors in currencies get huge discounts during presales, unbeknownst to the investors who come across the project later. When a token goes live on exchanges, the early investors dump their tokens ahead of everyone else, making a tidy profit. Those tokens are then left to be manipulated by other traders in pump and dump schemes or to disappear altogether, (...)
#crypto-investors-irs #cryptocurrency-irs #cryptocurrency-tax #cryptocurrency