https://inbitcoinwetrust.substack.com/p/taiwan-sees-bitcoin-as-the-solution
Sunday, May 18, 2025
Tax implications of Mt. Gox bankruptcy payout - stolen crypto from 2014
In 2024 I received a lump sum distribution from the Mt. Gox bankruptcy proceedings for Bitcoin that was stolen when the exchange collapsed in 2014. I then sold some but not all of this later in 2024. I'm confused about how to properly report this on my Canadian tax return. Is receiving the payout a taxable capital gains event and I report the entire amount? Or should I just report the amount that I've sold as capital gains since receiving it?
Thanks
AeroBud Update - May 18th, 2025
Space has been rescheduled to next week due to technical difficulties. However, a brief summary of what would have been discussed has been attached below.
If you have any questions, feel free to drop it in the comments below or join our discord and ask there!
discorg.gg/aerobud
- Market conditions: There is an astronomical amount of Fear and Uncertainty when the price hasn't broken, out, this is a positive sign. You've seen mass Stablecoins from some of the largest retailers, companies and credit cards. Institutional acquisition and acceptance of payments(meta, steak and shake) Sovereign wealth funds buying Bitcoin golden Cross Funding rates negative/most people are shorting Supply at an all time low Macd flipped bullish
- Website: Updated our v3 website and cleaned up some ui, added donation scrolling text, our animations, added our merch shop on the mainpage
- Video Game: Buds vs Fuds(Tower defense style game) - Will be ready by next Wednesday
- Nft v2: Collection/art is done, If you're looking for teasers join our community the team already has custom pfps and some of our topbuds do as well We're building the mint pad now, still primarily waiting for the best market conditions.
- Charity Impact Event: We plan on holding a large scale adoption event with base, coinbase, miggles and dogepound at around August.
- Onchain Summit: The team will be attending Onchain Summit in August, if you want to meet the team feel free to attend!
- Cexes: Targeting more cexes which initially include coinbase and kraken. As we grow so will our target list and cex list.
Canadian Bitcoin Conference Run Down - October 16th-18th in Montreal This Year
https://www.reddit.com/gallery/1kpvfgt
A Guide to this Week’s UK Bitcoin Meetups
https://bitcoineventsuk.substack.com/p/beuk-meetup-breakdown-47
A Guide to this Week’s UK Bitcoin Meetups
https://bitcoineventsuk.substack.com/p/beuk-meetup-breakdown-47
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