<h2 id="span-style-font-size-19px-color-inherit-font-weight-bolder-irs-audit-is-ongoing-and-legal-disputes-expected-in-court-span-br">IRS Audit is Ongoing, and Legal Disputes Expected in Court </h2>
The IRS seeks a 24 million-dollar bill from <a href="https://www.coingabbar.com/en/crypto-currency-news/eus-mica-came-for-navigating-crypto-safeguards" class="f-link" rel="noopener noreferrer nofollow">FTX</a>, which impacts the recovery of victims. FTX claims the IRS's meritless claims hinder creditor recovery, There is no basis for such a heavy tax demand. there is no basis for such a heavy tax demand.&nbsp;
The <a href="https://www.coingabbar.com/en/crypto-currency-news/irs-new-guidelines-on-crypto-rewards-from-crypto-to-be-taxed" class="f-link" rel="noopener noreferrer nofollow">IRS</a> audit is ongoing, and legal disputes are expected in court. The former CEO, Sam Bankman-Fried, faces fraud charges and awaits sentencing in March 2024.

IRS Seeks 24M Dollar Bill From FTX, Impacts Victims Recovery

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