Tuesday December 17, 2024

Bitcoin Millionaire Faces Prison: The Price of Hiding $4 Million in Gains

Bitcoin Millionaire Faces Prison: The Price of Hiding $4 Million in Gains

by Kevin Helms December 14, 2024 1 min read

(Originally posted on : Bitcoin News )

An early bitcoin investor was sentenced to two years in prison for evading taxes on $3.7 million in cryptocurrency gains, using mixers and secret wallets. Bitcoin Investor Sentenced: The High Cost of Hiding Cryptocurrency Profits Frank Richard Ahlgren III, a resident of Austin, Texas, was sentenced to two years in prison for “filing a tax […]

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