Wu Blockchain (@WuBlockchain): Frank Richard Ahlgren III, a Texas resident, was sentenced to two years in prison and ordered to pay $1,095,031 in restitution for tax crimes in the s…
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Frank Richard Ahlgren III, a Texas resident, was sentenced to two years in prison and ordered to pay $1,095,031 in restitution for tax crimes in the sale of $4 million worth of Bitcoin. This is the first purely cryptocurrency-related tax fraud case in the United States. Ahlgren moved Bitcoin through multiple wallets, conducted face-to-face peer-to-peer transactions, and used mixers such as CoinJoin and Wasabi Wallet to hide the flow of funds. crowdfundinsider.com/2025/01/235764…