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

Bitcoin Millionaire Faces Prison: The Price of Hiding $4 Million in GainsAn 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 […]

from Bitcoin News https://ift.tt/XxjrGRC

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