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AMB Crypto 2021-12-07 12:30:39

South Korea intensifies tax-evasion probe; crypto investment firm under investigation

The National Tax Service of South Korea is increasing its efforts toward combating tax evasion and is now cracking down on the use of cryptocurrencies for illicit activities. As reported by The Korea Herald, the agency identified more than 2,400 tax evaders who used cryptocurrencies to hide assets worth over 36.6 billion won ($32 million) […]


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