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
Related Coverage
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- UK tax authority makes first NFT seizure in VAT fraud case Cointelegraph · Prashant Jha
Discussion
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@paperghost
@paperghost
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HMRC: https://twitter.com/... https://twitter.com/...
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@hendopolis
Neil Henderson
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TELEGRAPH BUSINESS: HMRC makes first seizure of NFT artwork #TomorrowsPapersToday https://twitter.com/...
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@wublockchain
@wublockchain
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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/...
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@cryptinish
@cryptinish
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“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/...
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@richard_littler
Richard Littler
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Oh, the emperor isn't wearing any clothes. https://www.bbc.com/...