Lost Crypto After Sending to the Wrong Wallet Address can feel unrecoverable because blockchain transactions are usually difficult or impossible to reverse once confirmed. But the legal answer depends on what happened, who controls the receiving wallet, whether an exchange or platform is involved...
Crypto Wallet Drainers are malicious tools that trick a victim into approving a transaction, signing a message, or connecting a wallet to a fraudulent decentralized application. Once the victim authorizes the interaction, the attacker may use that approval to transfer tokens, NFTs, stablecoins, o...
A crypto recovery scam is a follow-on fraud that targets people who have already lost cryptocurrency to theft, fake exchanges, pig butchering schemes, SIM swaps, DeFi exploits, or investment scams. The second scam often feels more convincing than the first because the victim is already searching ...
Fake crypto exchange scams are fraudulent platforms that imitate legitimate cryptocurrency exchanges, trading dashboards, wallet portals, or investment apps to trick victims into depositing digital assets or cash. These schemes often show fake profits, block withdrawals, demand additional payment...
SIM swap crypto theft happens when a criminal hijacks a victim's mobile phone number, uses that number to bypass account security, and then drains cryptocurrency from exchanges, wallets, lending platforms, DeFi accounts, or connected financial accounts. For California victims, the key legal quest...
Pig butchering crypto scams are long-form investment fraud schemes where criminals build trust over time, persuade victims to invest through fake crypto platforms, show false profits, and then block withdrawals or demand more payments. For California victims, the legal response should begin quick...
Recover stolen cryptocurrency efforts should begin immediately after a wallet drain, exchange hack, phishing attack, fake investment platform, SIM swap, seed phrase compromise, or romance-related crypto scam. Crypto transfers can move quickly across wallets, bridges, mixers, decentralized exchang...
DeFi tax reporting is one of the most difficult areas of crypto tax compliance because decentralized finance transactions often combine trading, income, lending, staking, wrapping, and smart contract activity in a single wallet history. California crypto investors may use a decentralized exchange...
Staking rewards tax questions are becoming more common as California crypto investors earn rewards through proof-of-stake networks, exchanges, liquid staking protocols, and decentralized finance platforms. The general federal rule is that staking rewards are taxable when you receive rewards and h...
Crypto tax audit defense starts before you send anything to the IRS. If you receive an IRS letter about Bitcoin, Ethereum, NFTs, DeFi transactions, staking rewards, exchange activity, or unreported digital asset income, your first response can shape the entire case. A notice does not always me...
How to report cryptocurrency losses is an important question for investors who sold, traded, exchanged, or otherwise disposed of digital assets at a loss. A drop in market value alone is usually not enough. For tax purposes, the loss generally matters when there is a taxable disposition, such as ...
Form 1099-DA: Crypto Tax Reporting Rules Explained Form 1099-DA is the IRS information return for digital asset proceeds from broker transactions. For crypto investors, NFT sellers, payment users, founders, and California taxpayers, the form can affect how sales, exchanges, redemptions, and cert...