China’s ever-evolving relationship with cryptocurrency has been turbulent, the country regularly accepting and then recoiling from the practice with an iron fist. It’s a good problem to have, but now a new chapter is unfolding as the nation finally starts to sell off seized crypto assets. This move presents both...
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...