Quote from: HelliumZ on June 19, 2024, 11:22:15 PM

Quote from: krishnaverma on June 15, 2024, 10:13:58 AM

Cam across this news

https://www.bbc.com/news/articles/cn001yr88zgo

So a gentle reminder is to follow law with all your crypto related activities.

Of course, it is important to note that holding two billion dollars worth of bitcoins in a wallet must be considered money laundering under the Money Laundering Act. According to the country's money laundering rules, if the tax is not paid from that amount of bitcoins, it is of course punishable by law, which the woman has already received with a six-year jail term. In my country the rule is more strict because if someone is caught with that amount of bitcoins then the government will have to suffer more severe punishment including confiscation of those bitcoins. That's why talking about Bitcoin in public is officially banned in my country.

I still feel that jail term is unnecessary. Just let her pay taxes with fine and leave her.