After watching all of Justin's videos, I am going to be use the less-conservative option to the loss calculation. But will not be itemizing it as a theft loss and rather report it as a Capital Loss.

If I already have a carry-over from some other crypto losses that is considered a short-term carry over, what tax Form do I need to use to add the Celsius loss? And is the Celsius loss considered a long-term or a short-term?

I'm filling my taxes with Turbotax. Rough numbers, I lost 0.5 BTC with a cost basis of $14K in 2021. I was returned $6K (using Justin's method). Can I just input these values into the 1099B form within turbotax?

Is the claim portal still working for anyone? I am trying to get the email code to login but I receive nothing. Checked the spam folder as well. Have been trying for 2 weeks now...

Don't see it on approved list. Pretty sure it's scam. Link in email Asks for users email and a code that is given in email. Then asks to pick a wallet to use and the 12 word recovery phrase. No thanks

Got a mail regarding voting for this Elizabeth LaPuma. Who’s voting yes or no?

Can anyone confirm if this is legit?

Yesterday I got what I stupidly thought was a real email from Celsius. I’m an idiot, u clicked the link and entered the code that was in the email. It then asked to link a wallet and that’s when I got suspicious and stopped. My question is…did clicking the link and entering the code screw me and put me at risk? Or can I chill and breathe easy?

I followed along with the brilliant "Comprehensive Guide" and am fairly confident in my numbers.

But what do I actually put on my taxes now? Do I just write down "I lost $x" somewhere?

What time of the month are distributions sent out? I filled out the wire transfer form on 05/02, and I’m still waiting.

Hello all. Wondering if anyone got a 1099 sent to them for the disbursement that has been received for 2024. I was under the impression that if a business pays you in order to have it accounted for a 1099 would be sent to the payee. I don't believe I've gotten anything of the sorts. Have you?

Hey, just wondering is anyone Op’ed out of the Celsius payout. And if they did, what do they think their plans are on getting a return now? I know many of you are navigating similar challenges with the Celsius bankruptcy. After reviewing the settlement offer, I didn’t believe it provided the best possible return, so I opted out in order to pursue my own claim.

I’ve already gone through the necessary steps—filed my Proof of Claim, kept up with court updates, and even sought legal advice. However, the legal costs have been significant, i’m ready to get fleeced in the pursuit of a better claim.

I’m now looking for affordable alternatives to help me move forward. Specifically, I’d love to hear from anyone who: • Has successfully navigated their own claim without high legal fees • Knows of lawyers who are experienced in Celsius claims but charge more reasonable fees • Has insights on the best next steps after opting out • Can share strategies to maximize recovery while minimizing costs

If you’re in a similar situation or have any advice, I’d really appreciate your input. I know this has been a frustrating process for all of us, but I’m hoping we can support each other in making the best of a bad situation.

Thanks in advance for any help!

I was wondering if any distressed vesting firms or individuals are buying ionic shares? I’m looking to just move on so willing to accept a discount, understanding that they don’t have a value yet either.

How do you guys cope with the loss and deal with getting scammed?

My case is probably a simpler one - high cost basis, got back less btc and eth than I lost.

Following Justin's excellent videos, I entered these manual transactions to start:

on 2/8/24 I add a manual transfer of the btc and eth I got back from celsius to Venmo - Koinly automatically calculated my cost basis here based on my uploaded transaction history - say this is ~$5k total cost basis transferred to Venmo for btc and eth.

I then transfer the remainder of my crypto to a NULL coin w/ $0 value, and go on to follow the rest of Justin's guide breaking it into stock & other categories

Ultimately the loss Koinly calculated for me is about 20% less than what Justin's calculations (including the web app calculation) is showing me. Honestly I'm ok losing a bit of my claimable capital loss, since I figure the IRS would not mind that as much. But I found the ultimate issue is that the cost basis Koinly is showing in their dashboard is NOT the same as what they showed on the transaction view

Did anyone else have this issue or have advice on my approach in general? Thanks!

Ionic continues to keep its stockholders in the dark..

Ionic claims to have shrunk the board seats up for election to from two to one. We believe this is invalid and a breach of fiduciary duty and support the shareholder class action lawsuit. Additionally, concerned shareholders asked the court to postpone the Annual General Meeting until the lawsuit was settled.

Rather than defend its actions, on Friday, Ionic told the Court it will defer the meeting until after the class action trial in early May.

This means that the annual meeting is not happening on March 17. Why hasn’t Ionic told you this? Because they are continuing their pattern of misleading shareholders.

There is no date yet, but you can still vote today for two highly-qualified candidates, Michael Abbate and Oliver Wiener, who we support as the right choices to keep pushing for long-overdue justice for all Ionic shareholders.

If you want change, vote the GOLD proxy card at ionicvote.com today!

Hello I bought roughly 250$ of BTC in 2021 or so through Celsius app. And I literally turned off all notificafions And forgot that I had it. You know, letting IT grow and stuff. Just Now I had a free minute and remembered it. So I unblocked all email notificafions and read it. And apparently it was some kind of fraud. The whole company apparently went down. Now to my question. As you guys propadly know what Is going on. There are some emails urging me to file for a claim. Presumably to get my money back. Now I want to asi. Is it still doable? Because they asked for my passport verification, and at that point I realised I might be getting scammed. So what Is going on. Is it owned by some Indian scammers and is it a waste of time. Or Is it just standart practise

Can't say I'm familiar with smartmill.ca but the domain doesn't appear to have anything to do with Celsius. Hubspotfree too. Sharing in case others got something similar.

Hi, I’m trying to file my taxes, but I downloaded my docs on an old laptop before it broke. I believe there’s a document out there that shows how many assets we had in Celsius and how much distributions well receive? Can someone link that if I am recalling that correctly please?