Documenting a rug pull

[Alexandros_Moraitis]

Hi there,

Does anyone know how we can document a rug pull? The value of the coins went to zero but I cannot “realise the loss” since I cannot sell them.

Thanks in advance

[europa]

Not sure what the official guidance is (if any) - but thinking aloud…

Maybe one way would be to create a manual ‘sell to fiat’ transaction for zero value, and add a comment explaining to your future self what you’re doing?

Or if you want the chain to stay in sync with your Koinly account, you could send the coins to an invalid address?

Or for a less permanent solution, create a new wallet and send them there, but don’t sync it to Koinly?

[Alexandros_Moraitis]

Thanks a lot mate mate.

Especially the first option should be valid and legal. Ideally koinly could have an option like the “lost” or “sent to pool” ones to make it easy.