Bitcoin a ‘Fraud,’ Technique Will In all probability Go ‘Bankrupt’
The international equities and gold bug investor with over a billion {dollars} in belongings below administration took a giant swipe at Bitcoin and Michael Saylor’s BTC-accumulating finance firm, previously named MicroStrategy. He stated Technique will go bankrupt over Bitcoin. But…
Title: Man Faces Jail Time After CryptoPunks Tax Fraud Case
CryptoPunks, the long-lasting NFTs that symbolize pixelated avatars, have turn into a significant sensation within the digital artwork world. Nonetheless, this high-value pattern has additionally caught the attention of tax authorities, as one particular person is studying the arduous means….
A CryptoPunks NFT Dealer Indicted For +$13M Tax Fraud
The USA Lawyer has discovered Waylon Wilcox, a crypto and non-fungible token investor, responsible of submitting false earnings tax returns. Through the annual particular person earnings tax return, the NFT dealer intentionally omitted $13 million in earnings from his CryptoPunks…