Please note, this is a STATIC archive of website www.coindesk.com from 28 Feb 2023, cach3.com does not collect or store any user information, there is no "phishing" involved.
Web3 tax help is a multi-billion dollar opportunity, and a way to plug the gap the government has around tax help and out-compete centralized companies like TurboTax.
Misplaced admiration of Sam Bankman-Fried, prior to the FTX collapse, was a natural tendency. To move forward, we must recognize this vulnerability and safeguard with appropriate regulation.
From "impermanent losses" to loan-to-value ratios, financial institutions need to keep track of a lot of data to ensure they remain compliant while participating in DeFi.
Tax expert Victoria J. Haneman compares Sam Bankman-Fried's crypto trading empire to Bernie Madoff's Ponzi scheme, to glean what the FTX fallout could mean for tax filers.
An expert review of FTX’s audited financial statements reveals a series of red flag related-party transactions that should have led to more scrutiny of the company’s operations.