IRS Tax Bill Jeopardizes Creditors: FTX Signals Delay in User Fund Recovery

The post IRS Tax Bill Jeopardizes Creditors: FTX Signals Delay in User Fund Recovery appeared first on Coinpedia Fintech News The clash between the Internal Revenue Service (IRS) and FTX has escalated yet again, as FTX’s legal representatives demand substantiated proof for the IRS’s substantial $24 billion tax claim against the bankrupt exchange. In a filing to a Delaware bankruptcy court, FTX contested the IRS’s assertion, dismissing it as baseless and excessive. IRS tax bill …