Do I Pay Tax on a Scam Airdrop?
Reading Time: 2 minutes Many crypto users have, knowingly or unknowingly, received a scam airdrop in their time Sometimes a scam airdrop can be a dusting attack or just a marketing attempt You are duty bound to pay tax on a scam airdrop, but how much you pay is up to you Crypto airdrops can be a blessing or a curse. Some airdrops can become immensely valuable, whereas others are just ‘dusting’ attacks designed to prepare the way for a bigger attack on your wallet. The unfortunate thing is however that you still need to pay tax on your airdrop regardless of whether it
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