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Per Chunichi, the man, an office worker named Hideji Matsuda, was given a one-year sentence and fined over USD 202,000 by a judge at the Kanazawa District Court in Ishikawa.
The court heard that Matsuda had wilfully neglected to file accurate tax declarations on his bitcoin (BTC) trading in the period 2017-2018, and that he owed over USD 680,000 in taxes. He was found guilty of falsifying data on his tax submissions, claiming that he had earned just a fraction of the USD 1.7m he earned from BTC trading in this time period.
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