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How the “buy, borrow, die” tax trade is quietly loading DeFi pools with hidden credit risk

Covered by 1 source · 1 article

Imagine someone who bought ETH for $1,000, watched it climb to $4,000, and now wants to cash out $1,000. Selling one-quarter of the ETH would provide the cash, but it would also realize a $750 gain under US tax treatment of digital assets h…

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How the “buy, borrow, die” tax trade is quietly loading DeFi pools with hidden credit risk
CryptoSlate 1h ago

How the “buy, borrow, die” tax trade is quietly loading DeFi pools with hidden credit risk

Imagine someone who bought ETH for $1,000, watched it climb to $4,000, and now wants to cash out $1,000. Selling one-quarter of the ETH would provide the cash, but it would also realize a $750 gain under US tax treatment of digital assets h…