Hungarian Authorities Seize $1M in Crypto in Major Tax Evasion Sting

Hungary’s National Tax and Customs Authority (NAV) has significantly moved against cryptocurrency-fueled tax evasion. In a recent operation, NAV confiscated $1 million of digital assets from a group suspected of dodging taxes amounting to three billion Hungarian forints (HUF). This operation saw NAV’s Criminal Directorate for the West conduct raids on 28 locations. Consequently, three

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