HMRC seizes NFT for first time in £1.4m fraud case

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The tax authority says it is the first UK law enforcement body to seize a Non-Fungible Token. …

HMRC said the suspects in its fraud case were alleged to have used “sophisticated methods” to try to hide their identities including false and stolen identities, false addresses, pre-paid unregistered mobile phones, Virtual Private Networks (VPNs), false invoices and pretending to engage in legitimate business activities.

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