Ouch! Maximum pain.
Dude sells 640 BTC for $5,807.53 each in 2017, nets $4 million fully doxxed in his Coinbase account, underreports his capital gains tax and thinks he'll get away with it.
He #FAFO'd and got 2 years in prison.
Just a reminder, don't bother with this headache, just don't sell and you'll be fine! If he did he would be up so biggly its redonk, his total 1,366 BTC would be worth $146 million right now
Bro got cooked for what is relative chump change
https://www.justice.gov/opa/pr/early-bitcoin-investor-sentenced-filing-tax-returns-falsely-reported-his-cryptocurrency
TheBitcoinManual
npub10m…kn8mj
2024-12-18 12:12:00
Author Public Key
npub10mxnle348mzv2dnj0ylgz3zu9gceenc29x9fr4m6mnars66j7vxsnkn8mjPublished at
2024-12-18 12:12:00Event JSON
{
"id": "52f3a8d7ecf8c8605c85f6f08c93aa60675f11b753eede9e3931055a4b5943fe",
"pubkey": "7ecd3fe6353ec4c53672793e81445c2a319ccf0a298a91d77adcfa386b52f30d",
"created_at": 1734523920,
"kind": 1,
"tags": [
[
"t",
"fafo"
],
[
"client",
"noStrudel",
"31990:266815e0c9210dfa324c6cba3573b14bee49da4209a9456f9484e5106cd408a5:1686066542546"
]
],
"content": "Ouch! Maximum pain. \n\nDude sells 640 BTC for $5,807.53 each in 2017, nets $4 million fully doxxed in his Coinbase account, underreports his capital gains tax and thinks he'll get away with it. \n\nHe #FAFO'd and got 2 years in prison. \n\nJust a reminder, don't bother with this headache, just don't sell and you'll be fine! If he did he would be up so biggly its redonk, his total 1,366 BTC would be worth $146 million right now\n\nBro got cooked for what is relative chump change\n\nhttps://www.justice.gov/opa/pr/early-bitcoin-investor-sentenced-filing-tax-returns-falsely-reported-his-cryptocurrency",
"sig": "ed884f16d9fb2b9561ca25c163f55e2558656c6cf8b6991e5362b4274c82aa584340460fe308b9556ad315dd680985db0aa3bfb93e3606a1c0aeae8dea473284"
}