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Market Cap:
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Cryptopolitan
2023-12-11 23:10:34

FTX challenges IRS’s $24 billion tax claim in bankruptcy court

FTX challenges IRS’s $24 billion tax claim in bankruptcy court

In an ongoing legal tussle with the Internal Revenue Service (IRS), lawyers for the bankrupt cryptocurrency exchange FTX have challenged the tax authority’s hefty claim for back taxes. The recent developments signal an escalation in the months-long dispute between FTX and the IRS, with significant implications for the company’s creditors and the broader crypto market. ... Read more

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