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in a shocking turn of events the International Revenue Service has thrust a colossal $24 billion tax bill onto FTX the baguer crypto exchange grappling with insolvency this unexpected tax bombardment adds a new layer of complexity to ftxs arduous Journey towards financial recovery and customer fund restoration the stakes are high as the exchange files a motion to the United States Bankruptcy Court seeking the dismissal of the irsamp;#39;s imposing tax claims the outcome of this legal duel could potentially set precedence and shape the future Dynamics between crypto exchanges and tax authorities making it a saga worth closely monitoring in the crypto space make sure to comment below what you think of this news