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correct. when you transferred btc to gambling site, that's disposal of crypto = capital gain/loss. then gambling losses only offset gambling winnings. double whammy unfortunately

in US gambling losses only deductible against gambling wins, not regular income. and only if you itemize deductions. crypto conversion to gambling chips probably taxable event too

found at least 8 other wallets drained by same address. project discord already deleted and twitter gone private. 100% planned scam

@MoonB0y oh shit my bad, didn't even notice i posted in gambling section. How do i move it? CAn't find option to change category

@Persimmon-Salt PixelApes and MetaMonkeyz - both had good discord communities but looking back both under 6 months old

Posting this as warning. Woke up to all my ETH and tokens gone from metamask. About $6k total. Only approved 2 contracts yesterday - both "verified" NFT projects with decent following. TX shows funds went to this address: 0x38F2...a45D then immediately to Tornado Cash. Check your approvals and...

simple rule: deposit 0.1 btc, cash out at 0.12 btc, never go back. moment you start chasing losses it's over

lol complete bullshit about "breaking patterns". math doesnt work that way. each crash is independent event. only real strategy is strict bankroll management and walking away