Texas resident sentenced to two years in prison for Bitcoin tax evasion, first pure cryptocurrency tax fraud case

Odaily News Texas resident Frank Richard Ahlgren III was sentenced to two years in prison in December 2024 for tax crimes related to the sale of $4 million in Bitcoin and was required to pay $1,095,031 in compensation to the United States. It is reported that this is the first pure cryptocurrency tax fraud case. (Chainalysis)