Mike - Thanks for the explanation related to investments in crypto. Just to make sure I completely understand that what occurred to me isn't covered related to a tax deduction, I had the following issues:
1. My cell phone # was hacked, and I had to get a new phone#
- The hackers had several Pieces of my personal data Name, Address, Birthdate & Socail Security #.
2. I had all of my user id's & passwords on a on-line password facility called 'RoboForm'. This was also hacked
3. My Microsoft Account Login was than hacked.
4. With-in Microsoft there is (what I thought was secure), Microsoft's One Drive and there I had my user-id & password for my Coinbase wallet
5. The Coinbase Wallet was than hacked which contained approximately $40,000 combined Bitcoin & Ethereum valued coins.
6. I contacted Coinbase who addressed the issue but finally told me that my Coinbase wallet was 'my' responsibility related to securing the wallet so they were no longer responsible for the stolen coins, which had already been transacted via the 'Block Chain'
7. I also have attempted to address with Microsoft tech support how the hackers were able to get my 'pin#' to get into my 'Personal Vault' where my Coinbase user-id & password were.
8. I have reported this to the FBI Fraud Division as well as TurboTax
- TT case# [phone number removed]
- Experian case# [removed]
9. So the question is: Do the above circumstances comprise a 'Ponzi Scheme' and I can legally deduct this loss?
Again, I appreciate your consideration related to the above issue
Regards,
[removed]
[email address removed]
