I just got an idea guys. For Americans just tell them you sent your BTC to Huobi.com to trade on USD markets and they stole it. We cant be verified on that exchange and the United States government has no jurisdiction. What are they going to do? Call you a liar. Who cares. If we have to claim our profits we should be able to claim our losses.
You can only take up to a 3k loss off your gross taxes per year. They also would require real names and a receipt for
Every transaction. And yes that includes capital gains on dust