How This Country Plans to Tackle Crypto Tax Evasion
South Korea’s National Tax Service (NTS) is spearheading the creation of a ‘Virtual Asset Integrated Management System.’ This initiative marks...
evasion
Senator Warren faces crypto community pushback over sanction evasion claims
Sen. Elizabeth Warren has faced significant backlash from the crypto community following her recent remarks disparaging the industry.In a Jan....
IRS Intensifies Efforts to Combat Crypto-related Tax Evasion
According to a report from the Internal Revenue Service (IRS) criminal investigations division, tax evasion has emerged as a significant...
Crypto tax evasion cases are on the rise: Bloomberg
The Internal Revenue Service’s Criminal Investigations Unit is seeing an increase in its caseload of crypto tax cases, according to...
Oyster Protocol Founder Receives Four-Year Sentence for Tax Evasion
Amir Bruno Elmaani, famously known in the cryptocurrency world as “Bruno Block” and the founder of the Oyster Protocol has...
Oyster Protocol founder gets 4 years jail for $5.5M tax evasion
Amir Bruno Elmaani, the 31-year-old founder of the now-defunct cryptocurrency scheme Oyster Protocol has been handed the maximum sentence of...
Ukraine Probes Local Crypto Exchanges for Tax Evasion
Ukraine’s Economic Security Bureau (ESB) is investigating local cryptocurrency exchanges. This action comes in response to the bureau’s discovery that...
Elizabeth Warren calls crypto ‘method of choice’ for sanction evasion
Senator Elizabeth Warren testified before the Senate Armed Services Committee on May 4, where she emphasized crypto’s use in crime...
EU Parliament approves legislation to counter crypto-asset sanctions evasion
The European Parliament has approved the first piece of EU legislation for tracing transfers of crypto-assets. The legislation will apply...
Bitzlato Founder Held Without Bail as More Sanctions Evasion Comes To Light
Bitzlato founder Anatoly Legkodymov made his first appearance on Tuesday in New York, where the Russian national accused of processing...