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...
evasion
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...
Western Wall NFT creators suspected of large-scale tax evasion – The Jerusalem Post
Israel's Tax Authority in Jerusalem is investigating the possibility that two NFT (non-fungible token) creators did not report revenues of ......
Bitcoin Bull Michael Saylor Loses Bid to Dismiss Tax Evasion Lawsuit
Michael Saylor, MicroStrategy’s co-founder and executive chairman, has lost a bid to dismiss a lawsuit alleging he failed to pay...
IRS is Building Hundreds of Crypto Tax Evasion Cases
Hundreds of crypto-related cases are piling up at the Internal Revenue Service (IRS)’s Criminal Investigation division. According to division chief...
MicroStrategy and Michael Saylor Sued For Tax Evasion In D.C. – Bitcoin Magazine
Michael Saylor and MicroStrategy are being sued by D.C.The complaint alleges the former CEO conspired with the company to commit...
US Treasury to Hold Crypto Exchanges Accountable for Sanction Evasion
There has been some saber-rattling by the Deputy U.S. Treasury Secretary this week as cryptocurrencies remain in the spotlight as...