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Musk released encryption trading tax dispute issues, mentioning the short-term project surged over 120%
BlockBeats News, on January 3rd, Musk posted on his social media about the Capital Gains Tax controversy related to the encryption transaction. The original text reads: 'The customer purchased cumrocket worth $7,000 and staked it for 3 months to earn 6,900% return. Then they sold it and withdrew the profit to invest in NFTitties, but the developer rug-pulled the project and they only successfully liquidated 10% of the funds. Can the customer deduct the gas fees for minting to balance short-term Capital Gains Tax?' Influenced by this news, the similarly named token CumRocket (CUMMIES) temporarily surged by 124%.