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Bitcoinist
2022-02-14 20:47:12

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

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 […]

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