Pennsylvania man enters guilty plea for false CryptoPunks sales tax returns filing

Waylon Wilcox, a 45-year-old Pennsylvanian, pleaded guilty to hiding $13M in CryptoPunks NFT profits, leading to over $3M in tax evasion, and now faces up to six years in jail. The Justice Department stated that any taxpayer selling NFTs, including a Punk, then they must report their income (gains or losses) on their tax return.

https://www.cryptopolitan.com/guilty-plea-for-false-cryptopunks-sales/