Musician made 3 million USD selling NFTs and lost it all to taxes and a crypto crash

Musician Jonathan Mann made 3 million USD by selling 3,700 songs as NFTs. Unfortunately, a market crash, exacerbated by the Terra collapse, caused the value of his ETH to decline significantly.

Owing the IRS 1,095,171.79 USD despite falling ETH values led him to sell a rare Autoglyph NFT for 1.1 million USD. Mann continues to create NFTs, hoping to recover from these financial setbacks.

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