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Former President Donald Trump has pardoned BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed. The three had previously pleaded guilty to federal charges related to money laundering and regulatory violations, according to CNBC reporting . The three executives were convicted for failing to implement anti-money laundering measures at BitMEX, which prosecutors labeled a “money laundering platform.” Reed admitted to violating the Bank Secrecy Act in 2022 and agreed to pay a $10 million fine. Despite BitMEX’s claims of withdrawing from the U.S. market, authorities alleged that the move was a “sham.” In January, BitMEX was ordered to pay a $100 million penalty for violating U.S. banking laws. A federal judge ordered HDR Global Trading Limited, BitMEX’s parent company, to pay the penalty along with a two-year unsupervised probation sentence. BitMEX sought a buyer earlier this year and enlisted Broadhaven Capital Partners for the sale. Reports indicated the investment bank was appointed in late 2024 to facilitate the deal. The move followed increasing mergers and acquisitions in the crypto derivatives sector. Trump issued the pardons on Thursday, according to CNBC, the same day Trevor Milton, the former CEO of Nikola, announced that he had received clemency for his securities fraud conviction. Milton had been sentenced to four years in prison but remained free on appeal.

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Filing crypto taxes in India can be a daunting task. Constantly changing tax regulations, complex calculations, and the risk of errors make the process stressful for many investors. Tracking every transaction manually, calculating capital gains, and staying compliant with the latest tax laws require time and effort. Even a small mistake could result in penalties or unwanted attention from tax authorities. This is where crypto tax software becomes essential. The right tool automates calculations, generates precise tax reports, and simplifies the filing process. But with so many platforms available, how do you choose the best one? In this guide, we’ll explore the top crypto tax software in India to help you file your taxes accurately and with ease. As the cryptocurrency landscape in India continues to evolve, selecting the right crypto tax software is crucial for ensuring compliance and efficient tax management. Below is a comparison of five prominent platforms available to Indian users: KoinX is a leading crypto tax software tailored for Indian investors, simplifying the complexities of cryptocurrency taxation. It seamlessly integrates with over 300 exchanges and wallets, automatically importing your transaction data to provide accurate tax reports compliant with Indian regulations. With support for more than 25,000 crypto assets, including NFTs, KoinX ensures comprehensive coverage of your portfolio. Its user-friendly interface offers real-time portfolio insights, enabling you to monitor your investments effectively. Koinly offers a comprehensive solution for Indian crypto investors to manage and report their cryptocurrency taxes. By integrating with over 800 exchanges, wallets, and blockchains, Koinly automatically imports your transaction data, calculates gains and losses, and generates accurate tax reports compliant with Indian regulations. This automation simplifies the tax filing process, saving you time and reducing the risk of errors. Kryptos offers a user-friendly platform tailored for Indian cryptocurrency traders, simplifying tax calculations and portfolio management. It supports over 5,000 integrations, allowing seamless synchronization with various exchanges and wallets. Users can efficiently monitor investments and generate accurate tax reports compliant with Indian regulations. ClearTax Crypto offers an all-in-one solution for Indian cryptocurrency investors to manage and file their crypto taxes efficiently. By integrating with over 100 exchanges, including popular platforms like WazirX, CoinDCX, and Binance, it streamlines the process of importing transaction data. This automation ensures accurate tax calculations, helping investors maximize savings and maintain compliance with Indian tax regulations. Coinpanda is a comprehensive crypto tax software designed to simplify tax reporting for Indian investors. By integrating with over 900 exchanges and wallets, Coinpanda automatically imports your transaction data, calculates gains and losses, and generates accurate tax reports compliant with Indian regulations. This automation streamlines the tax filing process, saving you time and ensuring accuracy. The right tax software simplifies calculations, ensures accuracy, and keeps you compliant with Indian tax laws. But choosing the best one can be tricky. That’s why we’ve curated the top options for hassle-free tax filing. Now, you know exactly what to look for in the best crypto tax software! Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Harpie, the Web3 security platform, announced on March 27 that it is ceasing operations, ending its mission to create a “theft-free” crypto ecosystem. The Coinbase and OpenSea-backed platform cited an unsustainable business model as the reason for its shutdown. The platform had garnered attention for its onchain firewall technology, designed to monitor transactions in real-time to prevent hacks, scams, and theft. Harpie enabled users to secure their digital wallets by blocking malicious transactions and recovering stolen assets. However, despite its innovative features, the platform struggled to sustain a viable business model in the competitive and rapidly evolving Web3 space. In a statement shared on X, Harpie expressed hope that its efforts would inspire other firms to continue working toward solving the problem of crypto theft. Like other blockchain security platforms, Harpie frequently issued alerts about the latest tactics employed by scammers and hackers, offering advice to users facing transaction issues. “If your transactions are failing, please disconnect your wallets from the Harpie RPC via your wallet’s network switcher. We will be creating a utility to move vaulted assets on the Harpie website in the coming days,” the company stated in its X post. Harpie also assured users with pending giveaway commitments that these obligations would be honored, with further details to be shared through its Discord channel. The platform’s closure comes more than two years after it raised $4.5 million in a funding round led by Coinbase Ventures, Dragonfly Capital, and Opensea. The investment had aimed to expand Harpie’s capabilities to prevent a broader range of attacks and serve institutional clients, such as group treasuries. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到[email protected]，本平台相关工作人员将会进行核查。