I have a buddy who I sent money to to buy a certain amount of Ripple. For one reason or another, I couldn't do this on my own at the time. In any case, the currency has tripled and I want him to send the ripple to my wallet. Does this transaction require me to pay taxes on the capital gain that has occurred? Or can I simple put this ripple into my wallet.
Any help here would be great. I have called around to no avail.