Frank Richard Ahlgren III, a Texas resident, was sentenced to two years in prison and ordered to pay $1,095,031 in restitution for tax fraud linked to $4 million in Bitcoin sales. This marks the first cryptocurrency-only tax fraud case in U.S. history. Ahlgren used multiple wallets, face-to-face transactions, and mixers like CoinJoin and Wasabi Wallet to obscure fund movements. His attempts to evade taxes led to his conviction, highlighting increased scrutiny of crypto transactions by authorities.
It’s not every day you hear about a 77-year-old Indian business shifting gears to embrace…
The cryptocurrency market remains volatile, and XRP is showing signs of weakness despite recently climbing…
Pi Network has been making headlines in the crypto community, with growing speculation about a…
Recent data from the Dune Analytics reveals that Garden Finance has experienced a remarkable growth…
With Bitcoin hovering around $103,500, well-known crypto trader James Wynn has made a bold prediction:…
The cryptocurrency market is in a frenzy, with Ethereum's technical charts indicating the possibility of…
