Ripple’s David Schwartz just admitted he threw his IRS letter 6174 "right in the trash." While the IRS is aggressively mailing these notices to pressure crypto traders into reviewing past filings, Schwartz dismisses them as mere reminders. Even after paying $1.7 million in capital gains tax, his blatant disregard for official IRS mail suggests these warnings are essentially junk mail for those already compliant. Is ignoring the IRS a power move or a recipe for disaster? What’s your take?
This summary was generated by AI