Pantera Capital Founder Under Investigation for $850M Gains Amidst Crypto Riches Crisis
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 ...
