Study Finds Only 6.5% of US Crypto Holders Reported Sales to the IRS
A study using millions of US tax returns from 2013 to 2021 found that while 12% to 21% of American adults had owned crypto before 2021, only 6.5% reported crypto sales to the IRS.

A study using millions of US tax returns from 2013 to 2021 found that while 12% to 21% of American adults had owned crypto before 2021, only 6.5% reported crypto sales to the IRS.

The U.S. Department of Justice has secured final forfeiture of more than $400 million in assets seized from Helix operator Larry Dean Harmon, tying the case back to darknet-linked crypto laundering activity.

Goliath Ventures CEO Delgado pleaded guilty in a Florida crypto fraud case tied to at least $250 million in investor losses. Court records say investors sent at least $400 million, while only about $1.5 million reached Uniswap.

Crypto market cap rose 1.7% to $2.68T, with BTC at $77,974 and ETH at $2,143. Fear index at 29. Altcoins ZEC and HYPE gain ~17-19%. SpaceX disclosed 18,712 BTC worth $1.29B. TON bridge lost $2.86M, 90% recovered. Coinbase lists Nexus.

The U.S. Justice Department said HyperFund promoter Rodney Burton, known as “Bitcoin Rodney,” pleaded guilty to conspiracy to commit wire fraud in a case tied to about $1.8 billion in losses.

The US House is weighing crypto tax bills covering small transaction exemptions and the timing of taxes on mining and staking rewards, but skepticism in both parties suggests a long road ahead.

Lightspark has introduced Grid Global Accounts, an API for Bitcoin, stablecoin, and dollar transfers, with Visa connectivity to 175 million merchants and AI agent controls that keep wallet authority with users.

Pierre Rochard criticizes the US tax framework as contradictory to Trump's ambitions, citing zero-tax rivals like Dubai and Singapore, plus new 1099-DA reporting mandates and California wealth tax proposals.
