Can you claim stolen crypto on taxes

can you claim stolen crypto on taxes

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The Internal Revenue Service IRS investigate and help recover your cryptocurrency scam.

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    calendar_month 12.05.2021
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Bastian brand eth

If there is a market for your crypto-assets, you can dispose of your assets and claim an investment loss. Just be sure to consult a tax pro regarding your specific situation. Like other investments taxed by the IRS, your gain or loss may be short-term or long-term, depending on how long you held the cryptocurrency before selling or exchanging it. Crypto Data Solutions.