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Israel's Tax Authority Probes NFT Creators Over Alleged Tax Evasion

Israel's Tax Authority has arrested two NFT creators for charges of tax evasion and money laundering after allegedly failing to report $2.2 million in sales throughout 2021. According to a recent report by Israeli news o...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Israel's Tax Authority Probes NFT Creators Over Alleged Tax Evasion
Israel's Tax Authority has arrested two NFT creators for charges of tax evasion and money laundering after allegedly failing to report $2.2 million in sales throughout 2021.
According to a recent report by Israeli news outlet Ynetnews, Avraham Cohen and Anthony Pollack, the owners and operators of NFT project holyrocknft.com, have been arrested for not reporting millions of U.S. dollars in revenue received from the sale of their digital works....
Read More: Israel's Tax Authority Probes NFT Creators Over Alleged Tax Evasion

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