How the “buy, borrow, die” tax trade is quietly loading DeFi pools with hidden credit risk
Imagine somebody who purchased ETH for $1,000, watched it climb to $4,000, and now needs to money out $1,000. Selling one-quarter of the ETH would offer the money, however it could additionally understand a $750 achieve beneath US tax remedy of digital property held for funding. However, DeFi affords one other means. The proprietor can…
