Articles for tag: cryptocurrency profits, Dan Morehead, IRS reporting requirements, Pantera Capital, Puerto Rico tax benefits, regulatory scrutiny, U.S. tax investigation

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Pantera Capital Founder Under Investigation for $850M Gains in Crypto Riches Controversy

Dan Morehead, the founder of Pantera Capital, is under investigation by US tax officials regarding possible tax exemptions on $850 million in cryptocurrency profits after moving to Puerto Rico. This probe highlights increased government scrutiny in the crypto sector, which could impact wealthy individuals exploiting Puerto Rico’s tax benefits. The Senate Finance Committee is questioning ...

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