{"id":22054,"date":"2025-04-14T19:01:42","date_gmt":"2025-04-14T19:01:42","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=22054"},"modified":"2025-04-14T19:01:42","modified_gmt":"2025-04-14T19:01:42","slug":"cryptopunk-tax-flunk-nft-seller-pleads-guilty-in-13m-fraud-case","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=22054","title":{"rendered":"CryptoPunk, Tax Flunk: NFT Seller Pleads Guilty In $13M Fraud Case"},"content":{"rendered":"<div>\n<p>A Pennsylvania man could spend up to six years in prison after pleading guilty to concealing over $13 million in NFT sales <a href=\"https:\/\/www.benzinga.com\/money\/best-crypto-tax-software\">from tax authorities<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>Waylon Wilcox, 45, admitted to filing false individual income tax returns in 2022 and 2023, <a href=\"https:\/\/www.justice.gov\/usao-mdpa\/pr\/york-county-man-pleads-guilty-filing-false-income-tax-returns-omitted-more-13-million\">according<\/a> to a Department of Justice statement released Friday and <a href=\"https:\/\/fortune.com\/crypto\/2025\/04\/14\/man-pleads-guilty-tax-fraud-cryptopunks-sales\/\">reported<\/a> by Fortune on Monday.<\/p>\n<p>The DOJ alleges Wilcox sold 97 NFTs from the iconic CryptoPunks collection between 2021 and 2022, generating over $13 million in proceeds that he failed to report to the IRS.<\/p>\n<p>\u201cWhen a taxpayer sells an NFT, including a Punk, then the taxpayer must report sales proceeds and any gains or losses from the &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/04\/44798912\/cryptopunk-tax-flunk-nft-seller-pleads-guilty-in-13m-fraud-case\" alt=\"CryptoPunk,\" tax flunk: nft seller pleads guilty in fraud case>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A Pennsylvania man could spend up to six years in prison after pleading guilty to concealing over $13 million in NFT sales from tax authorities. What Happened: Waylon Wilcox, 45, admitted to filing false individual income tax returns in 2022 and 2023, according to a Department of Justice statement released Friday and reported by Fortune [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-22054","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/22054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22054"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/22054\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}