FTX Disputes IRS's $24B Tax Claim, Says Demand Has No Basis and Would Hurt Victim Recovery
• FTX disputes IRS's $24B tax claim, says it has no basis and would prevent victims from meaningful recovery
• Filing says IRS demand is "Alice in Wonderland" with no support in law
• FTX says there's no evidence it owes tax amount greater than income ever earned
• FTX bankruptcy filed in Nov 2022 after issues raised in CoinDesk article
• FTX founder Bankman-Fried found guilty of fraud/conspiracy charges in Nov 2023, sentencing upcoming in Feb 2024