Dossier
BRC-20
Coverage of BRC-20 in the Nexus archive.
- Tax evaders are trying ‘novel digital assets’ to dodge authorities: Chainalysis
Italian authorities discovered a tax evasion scheme where an individual used Bitcoin Ordinals and BRC-20 tokens to hide approximately $1.1 million in assets. Chainalysis reports that tax evaders are increasingly turning to novel digital assets to conceal income from authorities. This represents a growing concern for law enforcement agencies monitoring cryptocurrency-based financial crimes.