I have invested in crypto currency cloud mining under Genesis mining and Hashflare, but mining difficulties became less profitable so both cloud mining company decided to close my account, would I be

[reed8581]

Able to claim my loss onto my taxes?

[KarenJ]

You may be able to report the loss on your return.  Please see the following link:

https://www.investopedia.com/university/definitive-bitcoin-tax-guide-dont-let-irs-snow-you/definitiv...