Coins Stolen in an Exchange Hack: What the German Tax Office Accepts as a Loss
On September 24, 2026, the trading platform Bitget reported unauthorised outflows from several of its hot wallets. The loss stood at $351.6 million in the first statement and was revised upward to $387.5 million in the following days, once further holdings had been added. For those affected in Germany this raises a question that barely appears in the reporting on the incident: can a loss like this be claimed on a tax return?