NFT Trader Faces Jail Time for $13M CryptoPunks Tax Evasion

Posted: 2025-04-13 16:57:07 UTC

@CointelegraphCointelegraph

#Crypto

#NFT

#TaxEvasion

#CryptoPunks

#WaylonWilcox

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This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.

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2025-04-13 16:57:39 UTC

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NFT trader Waylon Wilcox pleads guilty to underreporting $13M in CryptoPunks profits and faces up to 6 years for false tax filings.

NFT trader Waylon Wilcox pleads guilty

Underreporting $13M in CryptoPunks profits

Faces up to 6 years for false tax filings

Potential precedent for NFT traders' tax obligations

Underreporting income

False tax filings

Potential jail time

Setting a tax precedent for NFT traders