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Savethekids coin
One member of FaZe was today released, and three suspended, following a Save the Kids token cryptocurrency scam within the gaming group. FaZe Kay is permanently out of the company, while Jarvis, Nikan, and Teeqo are currently excluded from FaZe. It comes after their promotion of “pump and dump” cryptocurrency schemes. The length of their bans is currently unknown, though it’s certainly a bad look for the popular group. Rescue Children with Crypto To prevent such schemes, Congress created the Kiddie Tax to tax most investment income earned by a dependent child at the parents' top tax rate. For 2023, the first $1,250 of a child's "unearned" income (that's income that's not earned from a job or self- employment) is tax-free (thanks to the child’s standard deduction) and the next $1,250 is taxed at the child's own rate (probably 10 percent). Any additional investment income at the tax rates used for trusts—as high as 37 percent. Under current rules, the kiddie tax applies until the year a child turns 19 (or 24 if a dependent full-time student).
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Read more about the top 10 crises the world can’t ignore in 2024 and download the full 2024 Emergency Watchlist report for profiles of all 20 crisis countries on the IRC's list. The Giving Block The controversy erupted after FaZe members Kay, Jarvis, Nikan, and Teeqo reportedly promoted a coin called savethekids.io. This was picked up by YouTuber CoffeeZilla, who made a video discussing their underhand tactics in promoting the coin. Rather than doing so honestly, CoffeeZilla alleges they allowed their fans to raise the price by purchasing shares of savethekids.io, before selling their stake for a profit.
Save the world crypto
The top reason (49%) given was to secure their financial future – worrying given the level of financial risk involved in trading in cryptocurrencies, especially against the backdrop of the cost of living crisis. Can I choose where you send my donation? Help us reach our donation goal this holiday season and join our donation leaderboard for Save the Children's HODL Hope Campaign.