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A comment on SEC Sues Binance and CEO Zhao for Breaking US Securities Rules. Parent comment

Re:SEC Sues Binance and CEO Zhao for Breaking US Securities ... by tick_tock_tick on Monday June 05, 2023 @02:43PM (#36201052)
> No reason profits can't be something other than cash.

Other then the legal definition.....

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Re:SEC Sues Binance and CEO Zhao for Breaking US Securities ... by johngladtj on Monday June 05, 2023 @06:44PM (#36205194)
Most tax laws don't make such a distinction. Whether you're receiving cash, or some other asset you're taxed on that as income.
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