Musk releases controversy over cryptocurrency trading tax issues, mentioning a project that briefly surged over 120%
ChainCatcher message, Musk posted a controversy regarding crypto trading taxes on his social platform, the original text reads: "A customer bought $7,000 worth of cumrocket and staked it for 3 months to earn a 6900% return. Then they sold and withdrew the profits to invest in NFTitties, but the developers rug pulled the project, and they only managed to liquidate 10% of the funds. Can the customer deduct the gas fees for minting to offset short-term capital gains tax?"As a result of this news, the token CumRocket (CUMMIES) surged 124% in a short time.