Cryptocurrency
Two of my personal tax clients have come to me querying the implications of disposing part of their respective cryptocurrency holdings. Client A has accumulated a large wallet of bitcoin from various purchases made over the last 6 years. Client B has earned some cryptocurrency from mining, they also stored a part of their cryptocurrency on a hard drive which was lost last year.
What are the tax implications for both of my clients, and will Client B get any relief for the lost hard drive?
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