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Italian investigators uncover €1M tax fraud using Bitcoin Ordinals and BRC-20 tokens.

Market News
20 May 2026
Blockonomi
View Source
Bearish
pluang ai news

Italian authorities uncovered a multi-year tax fraud scheme involving over €1 million in undeclared capital gains linked to Bitcoin Ordinals and BRC-20 tokens. Using Chainalysis Reactor, investigators traced complex transactions from a seized Ledger hardware wallet, linking multiple pseudonymous addresses to a single suspect. The suspect also unlawfully received public subsidies during this period. This case highlights how blockchain transparency and advanced forensic tools can expose crypto tax evasion despite attempts to conceal wealth using new digital asset protocols.

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