Law Firms

HMRC’s NFT seizure ‘unlikely to be last’, warns Pinsent Masons

It comes as the tax authority recently seized three NFTs as part of a £1.4m VAT fraud probe

HMRC’s recent seizure of three non-fungible tokens (NFT) as part of its probe into a suspected £1.4m VAT fraud is “unlikely to be the last”, Pinsent Masons has warned, as cryptocurrency-based crime is “increasingly targeted” by international agencies.

Back to top button