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.
We know the fact that its really hard to oppose the government and if you do force yourself that way then you know that they can fucked you up hard in legal way which you cant really escape from that specially when law is on the line.
$1M tax liability is insane but its better to pay it off and stay out of the radar yet they are capable on doing so.Its really hard on their part though yet theyve been waiting for such increase but
if you are into this kind of problem then you wont really have any choice.
No matter how long and make reasons, you would still end up on the same line which is to pay on what you owe.