IRS Targets Customers of Cryptocurrency Prime Dealer SFOX in Latest John Doe Summons

Related Practices & Jurisdictions Advertisement Thursday, August 18, 2022 On Aug. 15, 2022, a federal court in the Central District of California authorized the Internal Revenue Service (IRS) to serve a John Doe summons on OX Labs Inc. d/b/a SFOX and its subsidiaries (collectively, SFOX). SFOX is a cryptocurrency prime dealer for professional traders and … Read more

Stock Market Today – 8/18: Stocks Edge Higher As Markets Parse Fed Minutes, Trim Big Rate Bets

Updated at 4:15 pm EST Stocks finished higher Thursday, while the dollar held onto gains against its global peers, as investors picked through details of the Federal Reserve’s last policy meeting that suggest a hawkish approach to rate hikes heading into the final months of the year. Minutes from the Fed’s July meeting indicated Chairman … Read more

Why Canaan Stock Crept Higher Today

What happened The crypto winter might still be upon us, but Canaan (CAN 0.77%) had a bit of heat under it on Thursday. Following the release of the Bitcoin (BTC 0.28%) mining equipment maker’s latest quarterly results, investors sent its share price nearly 1% higher on the day. So what China-based Canaan’s second-quarter figures showed … Read more

Miami Beach Ritz-Carlton Condo With Option for Private Boat Slip Lists for $8.95 Million

A sleek five-bedroom condo in The Ritz-Carlton Residences Miami Beach came on the market Monday asking $8.95 million. The apartment, which is accessed via a private elevator, clocks in at over 4,000 square feet, and includes five bathrooms and one half bath as well as a den and a 700-square-foot outdoor terrace. More: Actor Christian … Read more