The US Senate Finance Committee is investigating Dan Morehead, the founder of Pantera Capital, for potential federal tax law violations following his relocation to Puerto Rico. Morehead is accused of selling a significant number of shares after moving to the tax haven, resulting in substantial capital gains. The committee has requested more information on these transactions and the disclosure of his tax advisor's details. Morehead has defended himself, stating that he followed the necessary tax procedures when he moved. This investigation could have implications for future tax policies and regulations in the crypto industry. Pantera Capital, a major player in the crypto space, remains under scrutiny, and the investigation is being closely monitored by investors.
Content Editor ( cryptopolitan.com )
- 2025-02-15
US Senate Finance Committee investigating Pantera Capital founder for federal tax law violations
