IRSLawsuit
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FTX Challenges IRS đ€đŒ
FTX says IRS demand for $24 billion in unpaid taxes is delaying recovery of user funds
In the latest twist of the FTX-IRS saga, FTX lawyers demand the IRS substantiate its $24 billion tax claim, calling it "absurd and meritless." FTX, in bankruptcy, contends it never earned enough to owe such colossal taxes. The IRS, reducing its initial $44 billion claim, insists on its estimation's correctness. FTX claims the IRS's stance delays creditor payouts. The legal showdown continues with the next hearing on Dec. 13. Stay tuned for updates! âïžđž #FTX #IRSLawsuit #LegalDrama #FTT #FTXTrial
FTX says IRS demand for $24 billion in unpaid taxes is delaying recovery of user funds
In the latest twist of the FTX-IRS saga, FTX lawyers demand the IRS substantiate its $24 billion tax claim, calling it "absurd and meritless." FTX, in bankruptcy, contends it never earned enough to owe such colossal taxes. The IRS, reducing its initial $44 billion claim, insists on its estimation's correctness. FTX claims the IRS's stance delays creditor payouts. The legal showdown continues with the next hearing on Dec. 13. Stay tuned for updates! âïžđž #FTX #IRSLawsuit #LegalDrama #FTT #FTXTrial
