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by: xpoolPosted on: April 14, 2025

CryptoPunks Trader Pleads Guilty to $13 Million in NFT Tax Fraud

A Pennsylvania man has admitted to filing false tax returns related to millions of dollars he earned from trading non-fungible tokens (NFTs). Waylon Wilcox, 45, pleaded guilty to federal charges for underreporting significant income he received from trading CryptoPunks and other NFTs between 2021 and 2022. He now faces potential penalties including imprisonment and fines.

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  3. Top Crypto Picks to Watch: BlockDAG, Ethereum, Cardano, NEAR
  4. Waylon Wilcox Faces Prison Time for Failing to Report $13 Million in NFT Sales
Cryptocurrency NFT Tax Fraud

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