Tag: dillsburg

NFT Millions, Tax Evasion A Dillsburg Lesson in Freedom vs. Responsibility

NFT Millions, Tax Evasion A Dillsburg Lesson in Freedom vs. Responsibility

Waylon Wilcox, 45 of Dillsburg, Pennsylvania, recently pleaded guilty. In doing so, he avoided millions in taxes on his profits from CryptoPunks NFTs. This is not your ordinary run of the mill tax evasion case. It marks a significant new chapter in the growing tension between individual liberty and social...

NFT Tax Evasion: Why Dillsburg's Case is a Win for Crypto's Future

NFT Tax Evasion: Why Dillsburg's Case is a Win for Crypto's Future

Next, meet Waylon Wilcox, from Dillsburg, Pennsylvania. He’s the chap who recently plead guilty to avoiding taxes on millions he earned flipping CryptoPunks. At first glance, it’s terrible optics for the NFTs-and-blockchain-are-the-future crowd. One more headline playing into the crypto stereotype as a Wild West shadowy, shady underbelly. This actually...