On Friday, I had the California Franchise Tax Board empty one of my bank accounts without any notice. They graciously left $0.01 in there. I am not a tax dodger, I pay all my taxes and I've never had an issue anything like this in my nearly 50 years on this planet.
They sent me a certified letter to an old address informing me of this the day after they did it. Claiming I owed taxes for a period when I wasn't even living in the country. This is some sort of mistake on their end that my accountant is going to have to sort out this week.
You can laugh at crypto all you want and say 'not your keys, not your coins'... but this event is taking a whole new meaning for me. I agree, Celsius and centralized services are bad, but it isn't like the government is any better. Don't think you're safe with your 4 letter acronyms. It is all fun and games until something like this happens to you.
Luckily they emptied the wrong account (which had little money in it) and I rushed to the bank to empty out the account with most of my money in it. Now I get to deal with the cashflow stress of it all.
They sent me a certified letter to an old address informing me of this the day after they did it. Claiming I owed taxes for a period when I wasn't even living in the country. This is some sort of mistake on their end that my accountant is going to have to sort out this week.
You can laugh at crypto all you want and say 'not your keys, not your coins'... but this event is taking a whole new meaning for me. I agree, Celsius and centralized services are bad, but it isn't like the government is any better. Don't think you're safe with your 4 letter acronyms. It is all fun and games until something like this happens to you.
Luckily they emptied the wrong account (which had little money in it) and I rushed to the bank to empty out the account with most of my money in it. Now I get to deal with the cashflow stress of it all.