Tag: Ryan Selkis

Genesis Launches Lawsuit Against DCG to Recover $620 Million in Unpaid Loans

Genesis Global Holdco LLC, the crypto lender in financial distress that filed for bankruptcy earlier this year, has launched a lawsuit against its parent entity, Digital Currency Group (DCG), along with DCG International Investments Ltd. This lawsuit has been officially

IRS Breaks Silence: Crypto Staking Rewards Now Subject to Income Tax

The U.S. Internal Revenue Service (IRS) has laid a new rule classifying cryptocurrency staking rewards as gross income. The IRS announced its landmark decision in Revenue Ruling 2023-14 on July 31, which seeks to clarify the tax treatment of income

Tag: Ryan Selkis

Genesis Launches Lawsuit Against DCG to Recover $620 Million in Unpaid Loans

IRS Breaks Silence: Crypto Staking Rewards Now Subject to Income Tax

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