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TEXXR

Chronicles

The story behind the story

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UK's HMRC tax authority seizes three NFTs in a £1.4M fraud case involving 250 alleged fake companies, the first UK law enforcement agency to seize an NFT

The UK tax authority has seized three Non-Fungible Tokens (NFT) as part of a probe into a suspected a VAT fraud involving 250 alleged fake companies.

BBC

Discussion

  • @paperghost @paperghost on x
    HMRC: https://twitter.com/... https://twitter.com/...
  • @hendopolis Neil Henderson on x
    TELEGRAPH BUSINESS: HMRC makes first seizure of NFT artwork #TomorrowsPapersToday https://twitter.com/...
  • @wublockchain @wublockchain on x
    BBC:HM Revenue and Customs (HMRC) said it was the first UK law enforcement to seize an NFT. HMRC said it had secured a court order to detain the seized crypto assets worth about £5,000 and three digital artwork NFTs, which have not been valued. https://www.bbc.com/...
  • @cryptinish @cryptinish on x
    “HMRC said the suspects in its fraud case were alleged to have used “sophisticated methods” to try to hide their identities including false and stolen identities, false addresses”😂 https://www.bbc.com/...
  • @richard_littler Richard Littler on x
    Oh, the emperor isn't wearing any clothes. https://www.bbc.com/...