Express

Japanese Crypto Tax Evader Hit with Year-long Jail Sentence and Fined Over USD 202,000

Amy Liu

Summary: A 56-year-old man named Hideji Matsuda was given a one-year sentence and fined over USD 202,000 by a judge at the Kanazawa District Court in Ishikawa. The court heard that Matsuda had wilfully neglected to file accurate tax declarations on his bitcoin (BTC) trading in the period 2017-2018, and that he owed over USD 680,000 ...

A 56-year-old man named Hideji Matsuda was given a one-year sentence and fined over USD 202,000 by a judge at the Kanazawa District Court in Ishikawa.

The court heard that Matsuda had wilfully neglected to file accurate tax declarations on his bitcoin (BTC) trading in the period 2017-2018, and that he owed over USD 680,000 in taxes. He was found guilty of falsifying data on his tax submissions.

By Amy Liu

Last Update:

Tags: ,,
Link: Japanese Crypto Tax Evader Hit with Year-long Jail Sentence and Fined Over USD 202,000   [Copy]
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 7 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 11 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 13 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 18 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 19 days ago
  • You need to login to comment.