Dan Morehead, founder of the well-known crypto investment firm Pantera Capital, is under federal investigation for possibly breaking U.S. tax laws after moving to Puerto Rico. Senator Ron Wyden has raised concerns that Morehead may have incorrectly classified over $850 million in investment profits as tax-exempt. Wyden’s letter points out that much of the gain ...
Dan Morehead, founder of Pantera Capital, is under investigation by US tax officials regarding potential improper tax exemptions on $850 million in cryptocurrency profits tied to his move to Puerto Rico. The Senate Finance Committee is looking into whether Morehead misapplied tax breaks meant for qualifying residents. The situation highlights growing government scrutiny over cryptocurrency ...
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 ...
Dan Morehead, the founder of Pantera Capital, is facing a tax investigation led by Senator Ron Wyden from Oregon. The inquiry involves Morehead’s significant investment profits earned after he relocated to Puerto Rico in 2020, where he may have taken advantage of tax breaks that could lower his tax rate to zero. The Senate Finance ...
Dan Morehead, the founder of Pantera Capital, is reportedly under tax investigation by the U.S. Senate Committee on Finance. Senator Ron Wyden has sent a letter to Morehead, requesting details about significant profits he made after relocating to Puerto Rico in 2020. The committee is looking into whether individuals who moved to Puerto Rico are ...
Dan Morehead, CEO of Pantera Capital, anticipates that the cryptocurrency Market will experience a significant bull cycle peak in August 2025, driven by Bitcoin’s established four-year halving cycle. Each halving event, which reduces miners’ rewards and tightens supply, has historically led to price surges before and after. Morehead predicts Bitcoin will hit a price target ...
