Law & Policy

Does anyone know how a phishing hack would be treated for crypto-tax purposes?

I saw an article saying you cannot treat it as a tax-loss, then another article immediately contradicting it, saying you could?

Helping build @midao. Probably on the water if I’m not thinking about crypto. /eagles /betting /off-grid

It's crucial to consult with a tax professional for accurate guidance on how to handle a phishing hack for crypto-tax purposes. Regulations may vary, so seeking expert advice is the best course of action to ensure compliance with tax laws.