There’s a lot of fraudulent activity and taxes to be claimed in the NFT space. The governments gon be on everybody’s neck. 🎯
Three people have been arrested as part of the probe into three digital artwork NFTs linked to 250 fake companies. 😬
HMRC says the suspects in the fraud case allegedly used 'sophisticated methods' to hide their identities, including using bogus and stolen identities, incorrect addresses and false invoices.
The tax authority has secured a court order to seize crypto assets worth around £5,000 and three digital artwork NFTs that have not yet been valued.
