Core Points - A prominent crypto investor, Dan Morehead, is under investigation for alleged tax evasion linked to Puerto Rican residency [1][2][3] - Senator Ron Wyden has accused Morehead of not cooperating with the investigation, raising concerns about potential tax avoidance exceeding $100 million [3][4] - The investigation is part of a broader inquiry into how wealthy Americans exploit Puerto Rican tax incentives [2][5] Company and Industry Insights - Pantera Capital, founded by Morehead, has been actively investing in digital asset treasury companies, capitalizing on favorable conditions for crypto investments [6] - The firm has launched a significant initiative, investing $1.25 billion to transform a publicly traded neurotechnology company into a Solana treasury [6][7] - Helius Medical Technologies, the neurotechnology company, has rebranded to Solana Company, indicating a strategic shift in focus [7]