Senator Wyden Intensifies Investigation into Pantera Capital’s Dan Morehead and Tax Allegations
U.S. Senator Ron Wyden, the leading Democrat on the Senate Finance Committee, is ramping up his investigation into Dan Morehead, the founder of Pantera Capital, amid allegations of tax evasion linked to his relocation to Puerto Rico. This inquiry has been underway since January and focuses on how Morehead reported taxes related to substantial profits from the firm’s cryptocurrency sales. At the center of the scrutiny is a reported over $1 billion in capital gains from Pantera’s crypto transactions, with Wyden questioning whether Morehead misrepresented his residency status to benefit from Puerto Rico’s favorable tax laws. Notably, residents of the












