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Musk released encryption trading tax dispute issues, mentioning the short-term project surged over 120%
BlockBeatNews
BlockBeats News, on January 3rd, Musk posted on his social media about the Capital Gains Tax controversy related to the encryption transaction. The original text reads: ‘The customer purchased cumrocket worth $7,000 and staked it for 3 months to earn 6,900% return. Then they sold it and withdrew the profit to invest in NFTitties, but the developer rug-pulled the project and they only successfully liquidated 10% of the funds. Can the customer deduct the gas fees for minting to balance short-term Capital Gains Tax?’ Influenced by this news, the similarly named token CumRocket (CUMMIES) temporarily surged by 124%.
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TheDogVillageReturned
· 2025-01-03 02:12
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BlowInTheWindAndRai
· 2025-01-03 00:56
BlockBeats News, on January 3rd, Musk posted a dispute over the taxation of encryption transactions on his social platform. The original text was "The customer purchased cumrocket worth $7,000 and staked it for 3 months to earn a return of 6,900%. Then they sold it and withdrew the profits to invest in NFTitties, but the developer rug pulled the project and they only successfully liquidated 10% of the funds. Can the customer deduct the gas fee for minting to balance short-term Capital Gains Tax?". Influenced by this news, the token CumRocket (CUMMIES) with the same name experienced a short-term surge.