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UK authorities seize NFTSs over $1.9 million in suspected tax fraud UK authorities seize NFTSs over $1.9 million in suspected tax fraud
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UK authorities seize NFTSs over $1.9 million in suspected tax fraud
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Old 15th February 2022, 08:37   #1
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Default UK authorities seize NFTSs over $1.9 million in suspected tax fraud

The non-fungible token market is full of shady dealings, and British authorities hope to clean them up. BBC Newsreports HM Revenue and Customs has seized three NFTs as part of investigation into potential tax fraud. The suspects allegedly used 250 fake companies, false identities, prepaid phones, VPNs and other techniques to hide themselves as they sought to defraud the UK tax office of £1.4 million (nearly $1.9 million).

https://www.engadget.com/uk-nft-seiz...2.html?src=rss
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