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Could you elaborate on the steps involved in abandoning a crypto asset? I'm aware that <a href="https://www.btcc.com/en-US" title="cryptocurrency">cryptocurrency</a> investments are volatile and sometimes it may be necessary to cut losses. However, I'm not entirely sure how to proceed with the abandonment process. Would it involve selling the asset at the current market price? Or is there a specific procedure I need to follow to ensure that I'm not leaving any potential risks behind? Additionally, are there any tax implications or legal considerations I should be aware of before abandoning a crypto asset? Your guidance would be greatly appreciated.
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