Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
chriswilmer
on 14/12/2015, 09:32:05 UTC
Serious question for US AM hodlers out there... how do you go about "abandoning" this investment for tax purposes? I'd happily sell my shares to someone for a penny, if I could... but I presume that would need a response from friedcat.

"Abandonment" of an investment is a real thing from the IRS's perspective, I've just never done it before. If you have experience, let me know!

Sign a message with the private key of the account you hold the shares under selling them to me for $1.  PM me your email address and I'll paypal you the payment (or obviously I could pay in btc). In the event FC comes back, your signed message would be sufficient for him to transfer me the shares so the sale should be binding. AFIAK

Sounds reasonable. Let me double check with my lawyer.

Incidentally, I've been reading more about abandonment. I *think* this can be accomplished by sending friedcat an email saying something to the effect of "I relinquish all rights to my shares." Dated + signed with private key preferably.