A Landmark UK Enforcement Case For Crypto-Assets

By Andrew Park (March 30, 2022, 5:55 PM EDT) -- When HM Revenue & Customs seized so-called nonfungible tokens from three people under investigation for value-added tax fraud a few weeks ago, it marked what is understood to be the first seizure of crypto-assets by a U.K. law enforcement agency. It promises to be the first of many — both for HMRC in its investigation of suspected tax fraud and for U.K. law enforcement generally....

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