The IRS continues to chase unpaid cryptocurrency taxes with a new court order allowing a summons for customer records.

The agency will collect crypto transaction data for SFOX, a digital currency broker with more than 175,000 users, and more than $12 billion in transactions since 2015.

"The IRS has indicated this is a very high priority for them," said Andrew Gordon, tax attorney, CPA and president of Gordon Law Group.

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FTX wins auction for bankrupt crypto lender Voyager

https://www.straitstimes.com/business/companies-markets/ftx-wins-bankrupt-crypto-firm-voyager-digitals-assets

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Bored Apes, Moonbirds to feature on NFT-customized Mastercard debit cards

https://www.mastercard.com/news/europe/en/newsroom/press-releases/en/2022/september-2022/hi-launches-world-s-first-nft-customizable-card-with-mastercard/

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Apple will allow users to buy or sell NFTs via apps listed on the App Store, subject to the standard 30% fee.

Walmart forays into the metaverse with plans to release two experiences on the gaming platform Roblox.

Disney plans to hire a corporate attorney to work on transactions involving NFTs and DeFi.

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Edward Snowden Granted Citizenship in Russia by Vladimir Putin.

Edward: After years of separation from our parents, my wife and I have no desire to be separated from our SONS.

After two years of waiting and nearly ten years of exile, a little stability will make a difference for my family. I pray for privacy for them—and for us all.

https://twitter.com/Snowden/status/1574490556654288896

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Acala Network to resume operations after burning 2.7B in aUSD stablecoin

https://twitter.com/AcalaNetwork/status/1574248749265829889

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FTX burns over 200k exchange tokens for the first time since June.

FTX’s exchange token FTT gets burned every week by FTX, as they buy back and burn a portion of FTT tied to the amount of fees generated on the exchange during the week, along with contributions made to their backstop liquidity fund.

This past week, 208k FTT (a value of ~$5 million) was burned on September 20th, marking only the 6th time over the past 12 months that over 200k FTT has been destroyed.

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California Hits Nexo With Cease & Desist Notice, Citing Investor Protection Issues


https://dfpi.ca.gov/2022/09/26/dfpi-joins-other-state-securities-regulators-to-bring-actions-against-another-crypto-interest-account-provider

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Kwon trending on Twitter.

Prosecutors have moved to freeze about $67 million of Bitcoin.

Kwon says on Twitter he’s ‘making zero effort to hide’.

Prosecutors sent requests to Kucoin & Okx to freeze a total of 3,313 $BTC, worth ~ $67M, that had been moved to the venues from a wallet linked to Luna Foundation Guard (LFG).

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Crypto Lender Nexo Hit With Enforcement Actions From Eight States.

New York Attorney General Letitia James's lawsuit says Nexo is "falsely representing" that it complies with the state's securities regulations.

https://dfpi.ca.gov/2022/09/26/dfpi-joins-other-state-securities-regulators-to-bring-actions-against-another-crypto-interest-account-provider/

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Number of cryptocurrencies with over $1 billion market cap drop by 55% in 2022

https://finbold.com/number-of-cryptocurrencies-with-over-1-billion-market-cap-drop-by-55-in-2022

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Breaking: Celsius CEO Mashinsky resigns

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Robinhood has chosen Polygon as the first blockchain network to support its newly launched Web3 wallet.

The Robinhood Wallet beta is now live for 10,000 iOS customers out of 1+ million who signed up for the waitlist in May

https://blog.polygon.technology/robinhood-selects-polygon-to-launch-web3-wallet-beta/

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Galaxy Digital to provide market data to blockchains with Chainlink

https://www.newswire.ca/news-releases/galaxy-chainlink-bring-market-data-to-blockchains-891860506.html

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Kevin O'leary says he owns 32 crypto tokens.

https://twitter.com/kevinolearytv/status/1574822440110362642

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The New York Times: Currencies around the world are tumbling. Except Bitcoin.

https://www.nytimes.com/2022/09/27/business/bitcoin-dollar-currencies.html

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Terra’s Do Kwon Denies Trying to Cash Out Bitcoin Fortune Shortly After Arrest Warrant

https://twitter.com/stablekwon/status/1574976623551877120

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Logan Paul, a famous American Youtuber and influencer posted a status that said 'an NFT I bought for $623,000 for this NFT that's now worth $10'

NFT markets are a different league?

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You think you have seen it all?

Brace yourself for a crazy 2022 Q4. They seem to call it 'Volatility Calendar'.

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