Tag: Federal
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First criminal crypto tax evader in US sentenced to two years in prison
Quick Take An Austin, Texas, man received a two-year sentence for falsely underreporting capital gains earned from selling $3.7 million in bitcoin β marking the first criminal tax evasion prosecution centered entirely on cryptocurrency. The false tax returns were filed by Frank Richard Ahlgren III between 2017 and 2019. They did not report or underreported…
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