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Re:White hat hacker awarded $2M for fixing ETH-creation bug by TomVDB on Sunday February 13, 2022 @10:57AM (#30322584)
You’re wrong in many different ways:

- Long term vs short term

- different rates

- state capital gains taxes

In this case, with the receiver being a CA resident, he pays almost certainly more than 50% in taxes on this bounty.

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