Tag: Evasion
Nigeria Court Adjourns Binance and Execs’ Tax Evasion Cases: Reports
The matter was adjourned due to the Federal Inland Revenue Service (FIRS) not being able to serve Binance's Head of Financial Crime Compliance Tigran [...]
Nigeria Charges Binance With Tax Evasion: Reports
The charges were announced by the Federal Inland Revenue Service (FIRS) and filed at the Federal High Court in Abuja with case number FHC/ABJ/CR/115/2 [...]
Tax evasion by wealthiest Americans tops $150 billion a year: IRS
The nation's millionaires and billionaires are evading more than $150 billion a year in taxes, adding to growing government deficits and creating a "l [...]
G7 Tightens Enforcement of Oil Price Cap Amid Widespread Russian Evasion
The Treasury Department announced new sanctions on oil shippers and traders that have been helping Russia circumvent price restrictions.
www.nytimes. [...]
International Deal to Combat Crypto Tax Evasion to Start 2027 as 48 Countries Sign Up
Several countries with a sizeable interest in crypto, such as Turkey, India, China, Russia and all African nations, are not signatories to the stateme [...]
'Bruno Brock', Founder of Oyster Pearl, Gets Four Year Jail Term for Tax Evasion
Elmaani pleaded guilty in April 2023, agreeing that he caused a tax loss of over $5.5 million.
www.coindesk.com [...]
Oyster Protocol founder gets 4 years jail for $5.5M tax evasion
Amir Bruno Elmaani, the 31-year-old founder of the now-defunct cryptocurrency scheme Oyster Protocol has been handed the maximum sentence of four year [...]
Paxful co-founders’ litigation cites misappropriation of funds, money laundering, U.S. sanctions evasion
A bitter dispute between Paxful's co-founders Artur Schaback and Mohamad (Ray) Youssef in Delaware's courts may have been the real reason behind the B [...]
Binance Case is Clear Evasion of Law Says CFTC Chair Behnam
Court documents filed on Monday contained internal chats from Binance, including one from Samuel Lim, the exchange’s chief compliance officer through [...]
Michael Saylor is still on the hook for alleged tax evasion, says MicroStrategy filing
The Office of the Attorney General for the District of Columbia in the United States is moving forward on a lawsuit against business intelligence firm [...]
MicroStrategy Founder Michael Saylor Loses Court Bid to Dismiss DC Tax Evasion Claims
The court did dismiss claims against the company and Saylor that they conspired to violate D.C.’s False Claims Act.
www.coindesk.com [...]
US Treasury lists BTC, ETH addresses tied to Russian sanctions evasion group
The Office of Foreign Assets Control of the United States Department of the Treasury has added two cryptocurrency wallets allegedly connected to a Rus [...]
US Blacklists Bitcoin, Ether Addresses Tied to Russian Sanctions Evasion Efforts
"As part of these efforts, Igor and Jonatan Zimenkov both had direct correspondence with sanctioned Russian defense firms," an OFAC press release said [...]
US Alleges 5 Russian Nationals Used Crypto as Part of Sanctions Evasion, Smuggling Scheme
Yury Orekhov, Artem Uss, Svetlana Kuzurgasheva, also known as “Lana Neumann,” Timofey Telegin and Sergey Tulyakov are being charged with attempting to [...]
OECD releases framework to combat international tax evasion using digital assets
The OECD said it planned to present the Crypto-Asset Reporting Framework to a meeting of G20 finance ministe [...]