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FBAR Violations for Crypto Accounts: What You Need to Know About $100,000 Penalties
Jan, 19 2026

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FBAR Violations for Crypto Accounts: What You Need to Know About $100,000 Penalties

U.S. persons holding crypto on foreign exchanges must file an FBAR if total value exceeds $10,000. Failure to file can result in $100,000 penalties. Here's what you need to know to avoid them.

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