London, Feb 14 (IANS) In a first, the UK tax authority has seized three Non-Fungible Tokens (NFT) as part of a probe into 1.4 million pounds (roughly $1.9
UK tax authority seizes three NFTs in a £1 4M fraud case invezz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from invezz.com Daily Mail and Mail on Sunday newspapers.
HM Revenue and Customs (HMRC) recently seized non-fungible tokens (NFTs) for the first time amid fears that the digital art is increasingly attracting.
While the tax authority’s warning to the common public is routine, it is important to note that the confiscated digital assets and NFTs were seized as an asset and weren't used as tools for the crime.