You have a couple of options for how to enter the sale of the crypto that you received.
You can enter it as a break even using a portion of the basis that you had in the original investment or you can enter it as a 100% gain and hold onto the basis until the lawsuits are finalized with Voyager.
If you choose to enter it as a 100% gain then the basis on this sale would be zero and all of the basis that you had in Voyager will carry forward until the lawsuit is finalized.
If you choose to enter it as a break even then you will use as much of the basis as is necessary to get a zero sum sale. If your original basis was $1000 and you sold the crypto that you received for $400 then you would enter $400 as the basis and the gain is zero. Then you will still have a $600 basis to carry forward and use against the final result of the lawsuit.
If you receive nothing else in settlement then the remaining $600 would be entered as a sale on the date that the suit is finalized with a sale price of zero and a basis of $600. If you receive more crypto at some point then the $600 basis would transfer to the crypto received in the final transaction.
@zombitroid
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