NFL star Odell Beckham Jr.’s (OBJ) decision to take his $750,000 salary in (BTCDue to the crash in the cryptocurrency market after signing the contract, OBJ’s loss of income appears to be very high. Owing to the vagaries of cryptocurrency tax laws and current prices, OBJ is estimated by some to have made 61% less than if he’d taken his salary in fiat.

The loss has highlighted the tax complications from receiving a salary or yield in cryptocurrency, as crypto investors have to pay tax on the amount it’s worth when it was received, not what it’s worth when they lodge their tax return.

Tax troubles