Published by
The Street
The Street
By Tony Owusu The United Kingdom’s tax authority seized three NFTs and arrested three people as part of a £1.4 million ($1.89 million) tax fraud probe. Anonymity may be part of the draw of digital assets like NFTs and cryptocurrency, but law enforcement actions over the weekend prove that those investments are well within the reach of the law. Over the weekend, Her Majesty’s Revenue and Customs, the U.K’s tax authority, seized three NFTs and arrested three people as part of a £1.4 million ($1.89 million) tax fraud probe. The HMRC says it is the first time it has seized NFTs. The seizure “serve…
