Hey Robert, thanks for your input. I'm grateful to hear your thoughts on no.1 and no.2, but would like to further get your thoughts on no.3.
You mentioned "If you never received the money at Celcius and it was never actually added to your account then it can't be part of the basis of the currency" but I think this is inaccurate. My account value and holdings did increase on Celsius, I just never cashed out but I could have if I did so before their default. It was an interest payment, so effectively its like I got the interest , then i bought additional shares with that money. I paid taxes on the interest because i got 1099 at the end of the year. So effectively my cost basis on those shares i received as interest payment should be what I paid taxes on interest income via 1099? Please let me know your thoughts.
