The U.S. Supreme Court is set to rule on a contentious case involving cryptocurrency exchange Coinbase users and the Internal Revenue Service (IRS). A group of Coinbase users […]
UK Crypto Users Face Stricter KYC Rules, Aiming to Combat Tax Evasion
The UK is implementing stricter KYC regulations for crypto companies starting January 2026, aiming to deter tax evasion in the digital asset sector. The move by Her Majesty’s […]
UK Mandates Crypto Data Reporting by 2026 to Combat Tax Evasion
The UK government has announced plans to implement OECD’s CARF framework for reporting crypto data from 2026 onwards, aiming to enhance tax transparency and combat illicit activities. This […]
UK Mandates Crypto Reporting to Combat Tax Evasion
The United Kingdom has implemented a new rule requiring cryptocurrency firms operating within its borders to report detailed user and transaction data from January 1, 2026. This measure […]
Stiglitz Warns Trump’s Crypto Policies Threaten U.S. Financial Stability
Nobel laureate economist Joseph E. Stiglitz has issued a critical warning about former President Donald Trump’s cryptocurrency policies, arguing that they pose significant risks to the United States’ […]
Roger Ver Engages Roger Stone in Crypto Lobbying Amidst Tax Evasion Charges
Roger Ver, the influential crypto figure facing US charges for alleged $48 million tax evasion, has hired political strategist Roger Stone, known for his ties to former President […]
Tech Giants Accused of Billions in Unpaid US Taxes
A new report by the UK-based Fair Tax Foundation (FTF) has accused tech giants like Amazon, Meta, Apple, and Netflix of avoiding billions in U.S. corporate income taxes […]
Waylon Wilcox Faces Prison Time for Failing to Report $13 Million in NFT Sales
45-year-old Waylon Wilcox from Pennsylvania pleaded guilty to failing to report $13 million in income earned from the sale of 97 NFTs on his tax return. This unreported […]
CryptoPunk Trader Pleads Guilty to $13M Tax Evasion: Impact on Market Remains Unclear
A CryptoPunk NFT trader named Waylon Wilcox has been charged with tax evasion after hiding over $13 million in earnings from the IRS. The guilty plea, announced by […]
CryptoPunk Sales Tax Evasion Leads to Guilty Plea
Waylon Wilcox, a 45-year-old Pennsylvania resident, pleaded guilty to concealing over $13 million in profits from selling CryptoPunks NFTs on his tax returns. This resulted in evasion of […]
CryptoPunk Trader Faces Jail Time for $13 Million Tax Evasion
Wilcox, a prominent figure in the CryptoPunks NFT market, pleaded guilty to hiding over $13 million in profits from the IRS. This evasion could result in a six-year […]
Pennsylvania Man Pleads Guilty to Hiding Millions from CryptoPunk Sales
A Pennsylvania man has pleaded guilty to tax evasion charges, admitting he concealed more than $13 million in income from the sale of CryptoPunks NFTs between 2021 and […]
CryptoPunk Seller Pleads Guilty for Failing to Report NFT Sales
A recent court case has highlighted the growing scrutiny of NFTs in the US, as Waylon Wilcox, an NFT trader, pleaded guilty to submitting false tax returns for […]
NFT Trader Faces Jail Time for Avoiding $3.3 Million in Taxes
Waylon Wilcox, a 45-year-old NFT trader from Pennsylvania, has pleaded guilty to evading taxes on over $13 million earned by selling CryptoPunks NFTs. He failed to report these […]
CryptoPunk Investor Faces Prison for Tax Evasion
A prominent CryptoPunk NFT investor has pleaded guilty in a U.S. court to concealing $13 million in profits from tax authorities, facing the potential of a six-year prison […]