HomeBitcoinAre cryptocurrency ransom payments tax deductible? Are cryptocurrency ransom payments tax deductible? By July 4, 2021 Bitcoin 0 Comments Any ransom payments made in cryptocurrency are taxed as property rather than currency, so be aware of the U.S. tax implications. Source: Are cryptocurrency ransom payments tax deductible? Tags:Bitcoin Related Posts Paxful launches crypto debit card in Mexico Bitcoin sheds $2.5K amid warnings of a repeat BTC price dip Bitcoin Cash hits new low vs. Bitcoin as Draper deletes Twitter praise About Author Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Comment:*Name:* Email Address:* Website: Save my name, email, and website in this browser for the next time I comment.