Search
Economics Professor Tyler Cowen Says Cryptos Useful as Hedges or Forms of Payments – ‘Not Both’
4.1.2021
Tyler Cowen, an economist and professor at George Mason University, has suggested that the key use cases of cryptocurrencies are mutually exclusive. He argues that cryptos can either be important inflation hedging tools or useful forms of payment but not both. The Regulation Threat The professor...
Crypto Founder Faces 10 Years in Prison Over Millions of Dollars in Exit Scam Without Paying Taxes
13.12.2020
A cryptocurrency founder has been arrested and is facing up to 10 years imprisonment for tax evasion after running an exit scam. He allegedly made millions of dollars from his cryptocurrency and used an elaborate scheme to avoid paying taxes. Crypto Founder Exit Scams, Caught for Tax Evasion...
Cryptocurrency Founder Charged With Avoiding Tax to Buy Yachts and Homes
10.12.2020
"Bruno Brock" is alleged to have avoided tax on sales of the pearl cryptocurrency as well as minting free tokens for himself
Ex-Microsoft Dev Gets 9 Years in Prison Over $10M Theft Involving Bitcoin Mixing
10.11.2020
The former Microsoft software engineer was sentenced Monday for an elaborate criminal scheme involving bitcoin and digital gift cards
Leaked Docs Reveal How Binance Dealt With US Regulations: Report
29.10.2020
Crypto trading colossus Binance created a corporate plan for profiting from the U.S. market while avoiding regulatory scrutiny, Forbes reported Thursday, citing a 2018 document it obtained
Fool's gold? Peter Schiff's bank under investigation in tax evasion probe
18.10.2020
Does an extortion attempt from Russian hackers explain Schiff's hatred for Bitcoin?
John McAfee Arrested, Indicted for $23 Million Illegal Crypto Pumping and Tax Evasion in US
6.10.2020
John McAfee has been arrested and indicted for tax evasion, the U.S. Department of Justice announced. The cybersecurity entrepreneur has also been charged with fraudulently pumping cryptocurrencies by the U.S. Securities and Exchange Commission. McAfee Fraudulently Pumped Tokens The U.S. Department...
'Exclusive Mining' Can Be Used for Money Laundering & Tax Evasion - Report
7.9.2020
Source: Adobe/Galina_lya
Cryptoasset miners are incentivized to keep transactions secret, said a recent paper, warning that the type of mining called "exclusive" allows them to do so while it can also be used for tax evasion and money laundering.
"The authors observe that blockchain...
The Bitcoiners Who Live ‘Permanently Not There’
19.8.2020
The crypto-rich are just like the usual rich: They will do whatever it takes to avoid paying taxes including moving abroad. But bitcoin makes that much easier
$11 Trillion Offshore Assets Uncovered After 100 Countries Share Information on 84 Million Bank Accounts
2.7.2020
Governments in nearly 100 countries have been sharing offshore bank account information in an effort to crack down on tax evasion. Their “Automatic exchange of information” has led to uncovering 10 trillion euros ($11 trillion) in offshore assets in 84 million bank accounts....
New Ransomware Uses Sophisticated Evasion Techniques
11.6.2020
Recorded Future says that Thanos deploys a particular encryption technique in its attack and offers a revenue-sharing scheme for external hackers
Speculation Rife as User Pays a Second $2.6 Million Fee in Ether Transaction
11.6.2020
History repeated itself on Thursday, after the Ethereum blockchain processed another transfer with fees of $2.6 million – the second such unusual, record-fee transaction in 24 hours. A user sent 350 ether (ETH), worth about $86,400 and paid 10,668 ETH, or $2.6 million, in transaction fees....
Blockchain Bites: China’s Commitment, Sanctions Evasion, and a Look at Bitcoin’s Core
7.4.2020
Dial-up daydreams, Zoom alternatives, and how blockchain is lending a helping hand during the coronavirus crisis
Gemcoin Founder Agrees to Plead Guilty to Fraud, Tax Evasion for $147M Scheme
19.2.2020
Steve Chen agreed to plead guilty to tax evasion and conspiracy to commit wire fraud in connection with the $147 million Gemcoin scheme
Tax Agencies Step Up Efforts to Hone in on Crypto Tax Evasion
25.1.2020
Industry commentators speak out over the shrinking anonymity in crypto: “There was no chance that such a growing industry would escape unnoticed”
Transformation, Domination, Evasion, and 20 Crypto Jokes
25.1.2020
This week in crypto, experts at the WEF said that digital finance, crypto and blockchain-powered economics are sweeping through markets in the developing world unchallenged and that digital tokens could transform the world of business and art. While Binance aims to find more merchants for its...
Britain’s Tax Agency Cracking Down on Crypto Tax Evasion
21.1.2020
Britain’s highest tax authority, Her Majesty’s Revenue & Customs (HMRC), has issued a request for blockchain analysis tools. The main goal, per the request, is to find and implement technology that allows the government to track and tax cryptocurrency users.
The problem facing the British...
Britain’s Tax Agency Offering Contract for Tech to Combat Crypto Tax Evasion
21.1.2020
As cyber crimes evolve, Britain’s tax agency pursues new tech to combat growing tax evasion using crypto
France’s Social Media Stalking Points to the Violence of Fiat, Consent of Crypto
29.12.2019
France will soon be monitoring social media accounts to catch suspected tax evaders. The endeavor could label anyone as suspicious who so much as posts a “taxation is theft” meme or a poses with a nice car. The country’s budget minister, Gérald Darmanin, called...
Is Greece Cracking Down on Tax Evasion or Taxing Anonymity?
11.12.2019
Credit cards and bank transfers – and their incumbent surveillance features – are no longer payment options for Greek citizens, they are obligations