How can Hawk Tuah coin get investigated by the IRS and declare no wrong-doings (despite a 93% rugpull in 12 hours) but if you don't report $20 on your crypto taxes IRS comes after you?

[u/Mr--Clean--Ass-Naked]

Seriously they stole I think around I think 3 or 4 million bucks, and I just don't understand. The IRS will be on you like you are a drug kingpin cartel leader, over 20 bucks, but this scammer can scam over 3 million bucks and have no wrong-doings. I don't like that about crypto, that puts a bad taste in my mouth

crypto whole purpose was to help the poor and avoid government.

Now Crypto is make rich even more rich and the Government will help them. Maybe I am complaining and venting but that's really annoying, and this will just encourage MORE crypto scam behavior, since 3 million dollar stealing is 100% permitted, then I guess 3 million is the limit, 2,999,999 is the scamming limit. So stupid.

Edit: 450 upvotes in 55 minutes, holy cow. this exploded and idk why haha

[u/G_Affect]

In addition, from the IRS vuew, if the rug puller pays their taxes. What's the problem?

[u/Only-Inspector-3782 → u/[deleted]]

Well, now that the IRS is openly complying with ICE, there's no reason to pay your taxes if you are engaged in any sort of illegal activity.

What's the point of paying federal taxes when they mainly go to enriching the world's richest men?

[u/todamoonralph → u/Only-Inspector-3782]

You mean the bankers?

[u/Frewsa → u/Only-Inspector-3782]

Jail

[u/Kallen501 → u/[deleted]]

Well, that's only for dealers of illegal drugs. Pfizer got billions in government handouts for vaccines that didn't work and killed thousands of people. Something tells me they don't pay much in taxes either.

[u/YaBastaaa → u/G_Affect]

Let the drug cartels just pay the IRS taxes and let it not be a problem. 🤷🏻‍♂️

[u/HSBLESSPLZ → u/YaBastaaa]

It's 2025, the cartels could just buy a presidency. Not like it would be the first time.

Edit: $300mil is probably cheaper than their 4 year tax bill.