South Korea: Bithumb under probe yet again over tax evasion
The South Korean National Tax Service believes that Bithumb may have been engaged in tax evasion, an offense punishable by imprisonment or payment of fines.
Latest tax evasion News
Digital currency VC Hashed under investigation by South Korea tax authority
While insiders at the tax agency claim the probe is related to slush funds and tax evasion, Hashed executives said it’s unlikely since tax regulations were postponed.
Digital currencies could erode tax profits, Russian tax agency chief says
The Russian tax agency is concerned with tax evasion through digital currencies, but warned that it can still track evaders as they leave a digital footprint.
Israel new draft bill seeks reporting for digital currency holdings above $61K
The bill is seeking to increase the amount of tax the Israeli government collects from the industry, but several leaders in the space are already up in arms against it.
Crypto Crime Cartel: John McAfee, Arthur Hayes arrested and more Mt Gox deflection
Two prominent names in the Crypto Crime Cartel were arrested as the long overdue legal reckoning chews through prominent industry companies and individuals at the start of what is set to be a busy 2021.
Oyster Protocol: Feds charge founder over self-minting scam, unregistered ICO and tax evasion
Bruno Block faces decades behind bars in connection with an unregistered ICO, as well as allegations of secretly self-minting tokens and tax evasion.
Canada authorities flex power over digital asset-backed tax evasion
The Canadian Revenue Agency has asked Toronto-based coin exchange Coinsquare for the identity of every one of its clients.
John McAfee arrested in Spain, charged with tax evasion and making false statements
Digital asset industry identity John McAfee has been arrested in Spain and charged with tax evasion.