I have a really dumb question. Let's say I have

Question

I have a really dumb question. Let's say I have

$300k ETH and $400K worth of BTC. Haircut is 50% as an example. They give back $150k ETH and 200K BTC. Is there an option to just opt to get more BTC. And do so in a way that I am not converting it in any way. I need to because my cost basis is so low on BTC and I would get like $100 tax loss. But if they lose the ETH instead of BTC it's like a 140k loss. I would rather get paid more of what I am owed in one bucket but get less in another. For example I want to get back $0 of my ETH portion and $350K back of my BTC?

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11.06.2023

3 ответов

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Jo Mars

Maybe it will be possible. But nothing is clear yet

0

12.06.2023

Jo Mars

Blue Mew
The plan sponsor agreement includes a section titl...

Hope this will be without an extra fee

0

12.06.2023

Blue Mew · Accepted Answer

Blue Mew

The plan sponsor agreement includes a section titled: Tax Matters "Holders of Earn Claims projected to receive more then $100,000 in Liquid Cryptocurrency distributions may contact the Debtors to discuss potential individualized accommodations to the composition of their liquid recovery..."

0

11.06.2023

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