A Pennsylvania man, Waylon Wilcox, has pleaded guilty to concealing substantial profits from his trading of CryptoPunks NFTs. He will likely face a prison sentence of up to […]
NFT Trader Faces Potential Six-Year Sentence for Tax Evasion
A non-fungible token (NFT) trader, Waylon Wilcox, is facing potential imprisonment of up to six years after admitting to underreporting nearly $13 million in profits from trading CryptoPunks. […]
NFT Trader Sentenced for $13 Million Tax Fraud: Legal Implications for the NFT Market
An NFT trader has been sentenced to prison for evading taxes on $13 million in profits from the sale of CryptoPunks. The case highlights the evolving challenges of […]
Binance Tax Evasion Trial Postponed to April 2025
A Nigerian court has delayed the tax evasion trial of Binance until April 30, 2025, due to procedural delays in the case. The original hearing date was set […]
Binance Tax Evasion Case Adjourned to April 30th
A Nigerian court has postponed Binance’s tax evasion trial, originally scheduled for April 20, 2025, until April 30. The FIRS (Federal Inland Revenue Service) filed a lawsuit demanding […]
Binance Tax Evasion Case Delayed: What’s at Stake?
A high-profile tax evasion case against Binance in Nigeria has been delayed, with the proceedings now scheduled for April 30, 2025. The decision grants the Federal Inland Revenue […]
Binance Challenges Nigerian Government’s $79.5 Billion Tax Evasion Claims
Cryptocurrency exchange Binance has filed a motion in Nigeria’s Federal High Court to overturn an order for substituted service regarding a lawsuit by the government over alleged tax […]