Crypto Chaos: How the Flawed IRS Form 1099-DA Creates a Safe Harbor for Tax Evasion and Weaponizes Ponzi Schemes

The IRS’s new crypto tax form is here. But instead of catching cheats, what if it helps them? A new report claims the Form 1099-DA is a “Madoff 2.0” tool, giving Ponzi schemes an official government document to legitimize phantom gains. Today, we break down this systemic failure.

Read the full post: https://doomscrollnews.com/forensic-analysis-1099-da-fraud-risk/

Doomscroll Dispatch

Crypto Chaos: How the Flawed IRS Form 1099-DA Creates a Safe Harbor for Tax Evasion and Weaponizes Ponzi Schemes

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