NFT Trader Faces Potential Six-Year Sentence for Tax Evasion

According to Cointelegraph, a non-fungible token (NFT) trader, Waylon Wilcox, could face up to six years in prison after admitting to underreporting nearly $13 million in profits from trading CryptoPunks. The U. S. Attorney’s Office for the Middle District of Pennsylvania revealed that Wilcox, 45, pleaded guilty to filing false income tax returns for the 2021 and 2022 tax years source: https://www.binance.com/en/square/post/22862862887594?utm_source=BinanceNewsRSS