nostr:nprofile1qqsy7nuzs3nf3lmx4e06n7k5crzwk7pr47c8l204f65azhcjz7hfdnqpz4mhxue69uhhyetvv9ujumt0wd68ytnsw43qzyrhwden5te0dehhxarj9emkjmn9z4p34a I assume you know I can’t give you tax advice, but I can point you to the resources for you to DYOR and understand our position and how we approach it:

https://help.unchained.com/what-is-loan-collateral-and-what-does-unchained-do-with-it

https://www.unchained.com/blog/ultimate-guide-bitcoin-loans?_gl=1*c3ao0f*_gcl_au*MTYwODcyMDQwMi4xNzYwNDc2MTQ2*_ga*NDkyNDgxNjkyLjE3NjA0NzYxNDY.*_ga_N2E2DZCQWE*czE3NjQzNDA4NTUkbzIxJGcxJHQxNzY0MzQwODY0JGo1MSRsMCRoNDU2MDc0NjQx

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Change of ownership is the legal question. And I can totally understand the desire to hint without directly stating that the definition of ownership for bitcoin moved to a collaborative custody model is the one that permits your business model to exist.

But that legal risk remains…