Cryptocurrency Q&A Can I write off FTX losses?

Can I write off FTX losses?

ThunderBreezeHarmony ThunderBreezeHarmony Tue May 07 2024 | 7 answers 1686
Hello there, I'm seeking some clarification on a financial matter. Given the recent events surrounding FTX, I've incurred some losses. I'm wondering if there's any possibility of writing off these losses for tax purposes. Could you please elaborate on the conditions and procedures involved in doing so? I'm aware that tax laws can be quite complex, so a detailed explanation would be greatly appreciated. Thank you for your time and assistance in this matter. Can I write off FTX losses?

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