Tax Evasion Probe Pantera Capital Founder

Dan Morehead Investigated for Potential $850M Tax Evasion

• Dan Morehead, founder of Pantera Capital, is under investigation by the U.S. Senate Finance Committee.
• The inquiry centers on $850 million in cryptocurrency profits after Morehead’s move to Puerto Rico.
• Pantera Capital manages $5 billion in assets, with 47% invested outside the United States.
• The case raises concerns about exploiting Puerto Rican tax benefits to avoid U.S. taxes.

The U.S. Senate Finance Committee is investigating Dan Morehead for potential tax evasion related to $850 million in cryptocurrency profits following his relocation to Puerto Rico, highlighting concerns over tax incentives misuse.