IRS warns 10,000 cryptocurrency holders they may have broken tax laws

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CNBC's robtfrank reports on how bitcoin's shares plummeted after the IRS sent letters to 10,000 cryptocurrency holders warning that they may have violated tax law.

 

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robtfrank robtfrank ...Question...Since when is Bitcoin a publicly traded company for you to be referring to the decentralized blockchain as a public stock ie 'Shares'? Geez..Talk about missing all points and then trying to sound informed.

robtfrank Let me say Fiat is not criminal money then.

robtfrank Hahahahahaha morons. You look like absolute fools. “Shares” hahahahahahahahahah

robtfrank OMG bitcoin shares?

robtfrank Shares? Plummeted? Irresponsible.

robtfrank Shares, huh?

robtfrank MelissaLeeCNBC fire your intern

robtfrank There are no shares with bitcoin, FYI

robtfrank Whoops

robtfrank How can it violate if it’s not even regulated. It’s Pandora’s box as of right now. So they can get a big fat 🖕🏻taxation is theft.

robtfrank Bitcoins shares, that says it all

robtfrank Isnt that the entire purpose of crypto?

robtfrank ffs bitcoin is not issues in shares JoeSquawk fix this crap please

robtfrank wtf are Bitcoin shares ? Where can I get them ? Are they optionable ?😆

robtfrank Shares of what exactly?

robtfrank Shares?

robtfrank What shares? Last time i checked bitcoin was stabile and fine?

CryptoLoveChris robtfrank Cant violate something that they didn't make.

robtfrank It collapsed from a technical sell point

robtfrank Maybe those smart kids need to start buying dollar shares!

robtfrank 😂 btc shears

robtfrank Hodlers

robtfrank Just another reason to stay away from cryptos.

robtfrank Scheming. Government is a necessary evil, but this is robbery...

robtfrank where can one buy these shares of bit corn?

robtfrank If I were Rob Frank, I’d asked to be introduced by someone other than that Stupid shit.

robtfrank I've never traded cryptocurrency, but they can't change the laws retroactively, if it took them *this* long to figure it out how the *^+$ were cryptos supposed to know?! GoingForwardOnly

robtfrank shares

robtfrank Bitcoin shares.. insert nickyoung.gif

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