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The IRS Says FTX Owes HOW Much!?

The Breakdown

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The IRS's $18 Billion Tax Bill for Alameda Research LLC

The IRS is seeking payment ahead of customers and other unsecured creditors. Taxman does get paid first in a bankruptcy, which is why it's filed under an admin priority status. The FTX estate claims to have recovered around $7.3 billion in cash and liquid crypto assets,. leaving them well short of affording this gigantic tax bill.

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