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Same for me. Lost less than you, but I was almost laughing when I heard the news. Maybe we should crowdsource a movie to regain the money lost. That's quite a plot we have here.

Quadriga Crypto: The Exchange That Never Happened.

Just take the IRS writeoff for your $25,000.

The IRS will accept it since the company is bankrupt.

You really need to talk to a professional about documenting your $35,000 loss. The IRS gets very nasty about stuff the looks out of line with their expectations.

He's right /u/goodroot, the $45,000 writeoff should be done quickly so it's counted in the bankruptcy filings.

Edit: We're all joking, but you should tax writeoff the stuff. You can't exactly exercise your losses, so this will be game over. Be aware this makes you illegible for future bankruptcy proceeding.

I reckon there are ways you could get a lot more embroiled than that for fifteen large.

I hope you have money for the popcorn. Most people in the USA and the world do not have $15000 so you ain't no worse off in the bigger scheme of things.