๐Ÿšจ NFT ARTISTโ€™S $3M WIN TURNS TAX NIGHTMARE! ๐Ÿšจ
๐Ÿ”น $ETH Price:


๐Ÿ”น Key Indicators:
โ€ข $3M Mint: Jonathan Mann sold 3,700 songs as NFTs in ETH, netting roughly $3 million in January 2022 $HUMA #BigTechStablecoin


โ€ข Market Crash: Terra ecosystem collapse and ETHโ€™s decline vaporized the value of his holdings within months $ENA #TrumpVsMusk


โ€ข Sky-High Taxes: Mann owed $1.1 million to the IRSโ€”more than heโ€™d earned in the previous ten years combined $RVN #MarketPullback
โ€ข Last-Ditch Sale: To cover his bill, he sold a rare Autoglyph NFT for ~$1.1 million, narrowly escaping insolvency #CircleIPO
๐Ÿ’ฌ Your Play: Is this a cautionary tale on HODLing NFT gains or the price of creative innovation? Drop โ€œ๐ŸŽจโ€ if you empathize or #CUDISBinanceTGE โ€œโš–๏ธโ€ if you see a tax system flaw & tag @FaisalCrypto007 !
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