#tax

Russian dev Alexey Pertsev will stay in jail until his hearing scheduled for April 21. This is the third that his lawyers’ request for bail was dismissed. His first appeal was rejected in August, the second – in November. The Dutch court clings to such a heavy-handed approach due to Pertsev's alleged ties with the FSB and the North Korean hackers Lazarus Group. This crime is rated as more severe than just tax evasion.

Justin Sun, co-founder of the Huobi exchange, expressed his delight at China's decision to levy a tax on cryptocurrency transactions. He believes that this is a sure sign that China is ready to accept the existence of digital assets and ease the pressure on crypto projects. Even the fact that fiscal authorities require crypto-markets to register users who invest in cryptocurrencies did not dim his joy. At the same time, he claims that Huobi is registered in the Seychelles and thus is not required to provide customer information. And Justin Sun dreams that the TRON blockchain will be adopted in China at the national level. What else is there to say? Justin Sun is like Jean-Claude Van Damme, but for crypto.

Since MS started investing in cryptocurrency, this is the first bitcoin sale. According to a report filed with the SEC, the company liquidated 704 BTC worth about $11.8 million on December 22. The document states: "MicroStrategy plans to carry forward capital losses resulting from this transaction against prior capital gains to the extent such carryforwards are available under applicable federal income tax laws." Additionally, between November 1 and December 21, 2022, MicroStrategy bought another 2,395 BTC at an average price of $17,871, according to the report.