HMRC seizes NFTs for first time in fraud probe
HMRC, the UK tax authority, has reported its first ever seizure of non-fungible tokens (NFTs), following a probe into an alleged £1.4 million VAT fraud. The HMRC investigation involved over 250 sham companies, resulting in three NFTs being confiscated, along with £5,000 in other cryptoassets. Three people were also detained following allegations they used a […]