>Wouldn’t the IRS (or local equivalent) come to knock your door and ask for taxes on that money?
Not sure about other countries, but at least in the US any gains on crypto is only taxable after you've sold (or transacted with) it. Given that he just got his bitcoin stolen, my guess is that he hasn't sold yet, and therefore doesn't owe any taxes yet.
Not sure about other countries, but at least in the US any gains on crypto is only taxable after you've sold (or transacted with) it. Given that he just got his bitcoin stolen, my guess is that he hasn't sold yet, and therefore doesn't owe any taxes yet.