In brief
- Sen. Ron Wyden (D-OR) alleged Wednesday that Pantera Capital founder Dan Morehead may have used Puerto Rican residency to improperly dodge U.S. taxes, and has avoided cooperating with an investigation into the matter for months.
- In a letter sent this week, Wyden said Morehead’s attorneys “have all but disappeared” since pledging to cooperate with the inquiry in January.
- Meanwhile, Pantera has greatly expanded its crypto footprint, including by launching a $1.25 billion Solana treasury company on Wall Street.
The top Democrat on the Senate Finance Committee has accused a prominent crypto investor of refusing to cooperate with an investigation into an alleged billion-dollar tax evasion scheme running through one of the digital…
Jan 12 2026
