Tag: tax evasion

Mar 28 2022

Breaking: Indian Govt. Charges 11 Crypto Exchanges For Tax Evasion

Mar 28 2022 Published at Coingape under tags  gst indian crypto exchanges news tax evasion

The Indian government had accused 11 crypto exchanges, including WazirX, CoinDCX, CoinSwitch Kuber, of tax evasion, said Minister of State for Finance Pankaj Chaudhary in a written...

Feb 14 2022

NFTs Worth $1.9 Million Seized By UK Tax Authorities In Tax Fraud Case

Shady activities abound in the NFT market. Three NFTs were seized by British authorities as part of a tax fraud probe. In order to defraud the UK tax authority of £1.4 million ($1.9 million), the suspects allegedly employed 250 bogus firms, fictitious identities, prepaid phones, VPNs, and other measures to obscure themselves. UK Tax Authorities Seize NFTs Her Majesty's Revenue and Customs (HMRC),...

Jan 16 2022

NFT Investors Are Owing Billions In U.S Taxes, Here’s How IRS Plans to Collect Tax

Jan 16 2022 Published at Coingape under tags  irs news nft nft investors nft news

Over time, nonfungible tokens (NFTs) have proven to be one of the hottest sectors in crypto, and now the U.S. government may finally be ready to get its share from this booming sector. According to a...

Dec 10 2020

Cryptocurrency Founder Charged With Avoiding Tax to Buy Yachts and Homes

"Bruno Brock" is alleged to have avoided tax on sales of the pearl cryptocurrency as well as minting free tokens for himself.

Nov 10 2020

Ex-Microsoft Dev Gets 9 Years in Prison Over $10M Theft Involving Bitcoin Mixing

The former Microsoft software engineer was sentenced Monday for an elaborate criminal scheme involving bitcoin and digital gift cards.

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