Refunds

🚨$GMX Project Sells 10,000 $ETH for 29.597 Million USDT, Possibly for User #Refunds

🚨🇦🇺Australian #Court Ruling May Trigger $640M in Bitcoin Tax #Refunds

🔹ruling: Judge O’Connell #declares $BTC as money, not a CGT asset

🔹Impact: Challenges ATO’s decade-old stance #taxing Bitcoin disposals as capital gains events

🔹#Potential refunds: Up to $640M in CGT could be returned if ruling holds on appeal

🔹Legal precedent: Emerged from case involving 81.6 $BTC theft by a federal police officer

🔹ATO response: No confirmation yet on refund estimates

- Cointelegraph (May 19, 2025)