The Cross Heads

Don’t use crypto to cheat on taxes: Bitcoin bro gets 2 years

A bitcoin investor who went to increasingly great lengths to hide $1 million in cryptocurrency gains on his tax returns was sentenced to two years in prison on Thursday. It seems that not even his most “sophisticated” tactics—including using mixers, managing multiple wallets, and setting up in-person meetings to swap bitcoins for cash—kept the feds […]

December 13, 2024 | bitcoin, cryptocurrency, cryptocurrency mixer, department of justice, IRS, Policy, tax evasion, tax fraud | No comments

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