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2416 Individuals Found To Evade Taxes By Using Cryptocurrency In South Korea

According to Yonhap News Agency, on March 15th, the National Tax Agency of South Korea stated that among those who are late in tax payment, 2,416 individuals have been found to use cryptocurrency to evade taxes. In response to this, the watchdog has levied a total of approximately 36.6 billion won (approximately $32,244,600) in fines.

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Great article. Requesting a follow-up. Excellent analysis.

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Comment tips

Great article. Requesting a follow-up. Excellent analysis.
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