deFi yield farming tax treatment situation

I publish illustrative scenarios prepared by my practice. All participants and conversations are fictional. The fictional posts are not posts by real users, accounts of client experiences, or reports of actual results.
Illustrative scenario prepared by my practice.
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
Hypothetical question

I'm in a difficult situation and trying to figure out my next steps.

DeFi yield farming tax treatment. I've been dealing with this for about 9 months now and the situation isn't improving.

I have already consulted briefly with a lawyer but got conflicting advice.

What's the typical outcome in situations like this?

Illustrative response

So basically have you tried reaching out to your state's consumer protection office? They sometimes have free resources or mediation services no cap.

Illustrative response

Have you tried reaching out to your state's bar association? They sometimes have free resources or mediation services.

Illustrative response

The key lesson I learned from my experience: DOCUMENT EVERYTHING. Screenshots, emails, certified letters, photos — all timestamped. When it came time to prove my case, having a clear paper trail made all the difference.

Illustrative response

For anyone whose exchange account got frozen: most exchanges will work with you if you provide the KYC documents they're asking for. The delay usually happens when automated systems flag your account and there's no human reviewing it.