An NFT trader just found himself facing prison time after pleading guilty to evading almost $13 million in taxes. This tax evasion is based on profits realized from the trading of CryptoPunk NFTs. Waylon Wilcox, the trader incognito, purchased and sold 97 items from the CryptoPunk NFT collection. Now he’s...
On April 9, 2025, a Dillsburg man, Scott A. Smith, pled guilty in federal court. He pled guilty to the willful filing of false individual income tax returns for the tax years 2021 and 2022. Special Agent Waylon Wilcox, Middle District of Pennsylvania. He pleaded guilty to hiding tens of...
The Department of Justice (DOJ) has effectively disbanded its National Cryptocurrency Enforcement Team (NCET). This unit was established in February 2022 to combat the criminal misuse of cryptocurrencies and digital assets. Deputy Attorney General Todd Blanche made the abrupt decision to shutter the offices in a memo circulated Monday evening....