I fell for a crypto scam via YouTube and sent 0.5btc to a scammers account. What are my options besides kicking myself? Can I claim any tax benefits writing this off as loss? Please let me know if there’s anything else I can do to minimize loss. Thanks#personalfinance #investments #crypto
Talk to an accountant. I think you could write it off as a loss for whatever the highest amount you bought it at
Gifting money doesn’t sound like a tax deduction. If getting scammed meant a tax deduction, you’ll have more people abusing it to lower taxes Selling at a loss sounds more like one.
It's ok we've all had things like that happen. Don't worry man. Ive been scammed before and I was a c level exec at a company making hundreds of millions. My friend is cto of a streaming company and he got scammed in an ico. This is an unfortunate part of life. Now I trust noone. Even my own parents. My gf. Don't trust anyone. Everyone is a POS.
Can you elaborate what happened ?
Best you can do is report the video. Talk to a CPA but I wouldn't get my hopes up about writing this one off.
Bye bye money
LOLLLLL.
Did this involve a "processing fee" to takeover an "abandoned" inheritance from a prince in some far away country?
At least OP didn’t fall for an Elon musk giveaway tweet
Send me .5btc and ill tell you what to do
I'll do it for 0.4
Nothing u can do it’s gone forever damn which video was it