David Blumenfeld pfp
David Blumenfeld
@serdave-eth
Crypto Daily 4/13. Here's your stories of the day: - The Mantra token (OM) crashed over 90% in a single hour, plummeting from $6 billion to $400 million market cap, with the team denying any wrongdoing. Source: https://decrypt.co/314662/mantra-token-crashes-90-in-one-hour-team-blames-reckless-liquidations - An NFT trader pleaded guilty to tax evasion after failing to report $13 million in profits from selling 97 CryptoPunk NFTs in 2021-2022, facing prison time in what appears to be the first major U.S. tax evasion case involving NFT sales. Source: https://www.theblock.co/post/350662/cryptopunk-whale-pleads-guilty-to-hiding-13m-profits-from-irs-faces-up-to-6-year-sentence
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