Tag: taxfraud

Pennsylvania Man Admits to Hiding Millions in CryptoPunk NFT Sales from IRS

Pennsylvania Man Admits to Hiding Millions in CryptoPunk NFT Sales from IRS

Waylon Wilcox, a Conshohocken, Pennsylvania man, pleaded guilty to multiple counts of filing false tax returns. He neglected to report the hundreds of millions in income he made from selling CryptoPunk NFTs. Wilcox now faces the prospect of many years in a federal prison, supervised release, and up to $500,000...