Post
Topic
Board Bitcoin Discussion
Re: Couple was forcibly ask by IRS to sell their crypto to pay their liabilities
by
Ulven
on 24/06/2020, 20:47:33 UTC
There's no denying that the petitioners have money to pay to settled their tax liabilities. But they can't withdraw it in a timely manner, maybe they are waiting for the price to go up and make profit to at least lessen the damage. What are your thoughts on this?

Are you willing to sell your crypto to pay our debts or just go on settle it in months or years?

It seems pretty clear to me that this has little to do with cryptocurrency. They simply are doing whatever they can to avoid paying $1 million dollars to the government. Wouldn't you? They won't win, but at least they tried.

Yes, this was a failed attempt by the couple, You cannot cheat the IRS especially if you have enough money.
I think that the couple are trying to gain some time, until the market thrives and makes some profits, then they go to the interest and pay.