Since the mission of the IRS is to determine what people owe in taxes, and since these contributions have nothing to do with what people owe in taxes, it's really not the business of the IRS to be trying to police who contributed what to these organizations in a series of contributions that have no tax consequences. Isn't that fair to say?
Toomey argued that the IRS should not regulate contributions with no tax implications.
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I think there is a case to be made that there should be a regulatory regime on disclosure requirements for an issuer.
There was unauthorized lending of customer assets to an affiliated entity, and there were apparently fraudulent promises to investors and customers about FTX's operations.
Cryptocurrencies can protect against inflation when Governments irresponsibly manage their own currencies.
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