FTX Trading has vehemently denied claims that it owes a staggering $24 billion in taxes, stating that the company has never earned anywhere close to such a substantial amount. The firm firmly asserts that the reported tax bill is completely unjustifiable and does not align with their actual earnings. FTX Trading is adamant that they have always operated within the bounds of the law and fulfilled their tax obligations accordingly. The company is determined to address this issue and rectify any misunderstandings surrounding their tax liabilities.
HomeDIGITAL ASSETS REGULATORYworldwide-stablecoinIRS tax bill will swipe creditors of any ‘meaningful recovery,’ says FTX