Tag: Cryptocurrencies
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Government
Tax Benefits Available For Victims Of The Crypto Crash And Scams
Investors who lost money on cryptocurrency have some ways to reduce their tax bill but it will depend on their own facts and circumstances. -
Morning Docket
Morning Docket: 12.02.22
* The Cryptocurrency fall is making bankruptcy lawyers some cash, because of course it is. [Reuters]
* Not sure of the difference between a Juris Doctor and a Doctor of Laws? We’ve got you covered. [Up Jobs News]
* Despite the difficulty of passing up a nice food bundle, this one has sparked some controversy. [Bloomberg Law]
* Thankfully, the injunction for Californian officers to not kill people just got a little clearer. [LA Times]
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Finance
Sam Bankman-Fried Keeps Talking, A LOT, Against Advice Of Counsel
He's that client who just won't shut up, even if it would save his own ass.
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Tax Law
Criminal Prosecutions Of Cryptocurrency And NFT Scammers Could Increase So That Victims Can Take Advantage Of Enhanced Tax Benefits
Even if there is no indictment, crypto and NFT fraud victims can still take a theft loss if they invested the money with the intent of making a profit. -
Technology
Laying Down The Law In Blockchain Games
Currently, the exact law is ambiguous, so it’s essential to know the laws that apply to video games and how blockchain technology can impact them. -
Continuing Legal Education / CLE, Sponsored Content
Cryptocurrency In A Declining Market: What Lawyers Need To Know About Bankruptcy, Regulation, And Other Trends
You may be familiar with bankruptcy laws and securities regulations — but how do these apply when it comes to the evolving landscape of cryptocurrency? -
Securities Law
Kim Kardashian Receives Kind Words, $1.26M In Fines For Illegal Crypto Promo From SEC Chair Gary Gensler
Just an average day for the average law student. -
Government
A Crypto Law Across The Pond Could Make Splashes On Your Portfolio
'If it's shaky, push it over!' - Rick Roderick on Nietzsche, and maybe Dogecoin? -
Morning Docket
Morning Docket: 07.07.22
* Bro really went full thoughts and prayers on mass shootings. Guess that’s what happens once you get rid of the Establishment Clause. [Huff Post]
* Texas senator in hot water for daring to suggest that teenagers who hurt animals for fun probably shouldn’t have the easiest time getting high-powered rifles. [Dallas News]
* Line goes up? An EU law is posed to effect the crypto market. [Forbes]
* Company known for giving personal information to third parties gave information to a third party. Try to remember that Facebook is a surveillance site — the cops definitely won’t. [Business Insider]
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Biglaw
Big Time Lawyers Keep Joining Up With Crypto. Bet They're Still Billing In Dollars Though!
Wait, you don't want to get paid in the currency you're trying to pawn off on the public? CURIOUS! -
Finance
Crypto Hits The Big Time With White House Regulatory Move
An asset class that requires an entire government-wide strategy? This is officially a part of the mainstream economy. -
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Finance
The Cryptocurrency Ballad Of Elon Musk And Dogecoin
Thanks to Elon Musk, it seems that Dogecoin could be the first cryptocurrency to actually be of real use as a, well, currency.
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Finance
Kim Kardashian, Floyd Mayweather, And Paul Pierce Sued For Ties To Crypto Scam
According to the complaint, after Kardashian urged her 251 million Instagram followers to get involved in the cryptocurrency play, the price of the token shot up more than 1,370%. Then, it crashed. -
Finance
Matt Damon, Cryptocurrency, And The Great Power Of Marketing
The Martian's crypto plug may be ridiculous — until it's not. -
Finance
The Government Proposes A Reporting Requirement For Large Cryptocurrency Transactions To The IRS But Will It Work?
There have been attempts to regulate reporting of cryptocurrency transactions in the past. -
Biglaw
Biglaw Powerhouse To Accept Bitcoin As Payment
It's a bold move, but it's the way of the future. -
Tax Law
The Taxman Is Contacting People About Their Cryptocurrency Transactions
If you receive a letter from the IRS about your crypto trades, contact a tax professional for guidance and submit amended or delinquent returns as soon as possible. -
Morning Docket
Morning Docket: 07.16.19
* A breakdown of the Republican efforts to take over the courts by Elie Mystal. We’ll have more on this later. [The Nation]
* Cardi B is not taking any guff from attorneys. [Cardi B]
* Conservative group “Checks and Balances” issues statement condemning Trump’s racist attacks on the Squad. FedSoc opts for looking at the ceiling and whistling while walking away. [National Law Journal]
* This may come as a shock, but international law experts are pretty sure Trump’s asylum shenanigans are illegal. [Time]
* Charities are getting donations in cryptos which beyond the tax implications makes you wonder, “haven’t those people suffered enough?” [Legaltech News]
* Marvel beats suit over Iron Man 3 poster. Still $7 million away from beating Avatar though. [Law360]
* Abortion gag rule takes effect setting up yet another court fight. When is it going to be Infrastructure Week? [Huffington Post]
* Meek Mill’s new trial begins. [Courthouse News Service]
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Finance
Harvard Officially Has Too Much Money
Even Princeton isn't vainglorious enough to mess with crypto.