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]
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 3 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 3 days ago
  • Trump Adviser's "Whale Debut" with $680M Bitcoin Bet Faces Early Losses 5 days ago
  • S&P 500 Enters Key Turning Point Window; A Cautious "Wait-and-See" Approach is Adv... 7 days ago
  • Why a "One-Size-Fits-All" Approach to Stablecoin Issuance Fails Given Diverse Fiat Curr... 8 days ago
  • You need to login to comment.