{"id":4747,"date":"2022-02-14T12:39:13","date_gmt":"2022-02-14T11:39:13","guid":{"rendered":"http:\/\/costops.com\/index.php\/2022\/02\/14\/hmrc-seizes-nfts-for-first-time-amid-fraud-inquiry\/"},"modified":"2022-02-14T12:39:13","modified_gmt":"2022-02-14T11:39:13","slug":"hmrc-seizes-nfts-for-first-time-amid-fraud-inquiry","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/02\/14\/hmrc-seizes-nfts-for-first-time-amid-fraud-inquiry\/","title":{"rendered":"HMRC seizes NFTs for first time amid fraud inquiry"},"content":{"rendered":"<p>Move is part of an investigation into suspected VAT fraud scheme involving 250 fake companies<\/p>\n<p>The UK tax department has seized three non-fungible tokens (NFTs) as part of an investigation into a suspected VAT fraud scheme involving 250 fake companies.<\/p>\n<p>HM Revenue and Customs said on Monday it had seized the NFTs and arrested three people on suspicion of attempting to defraud it out of \u00a31.4m. It is the first time a UK law enforcement agency has seized an NFT.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2022\/feb\/14\/hmrc-seizes-nfts-for-first-time-amid-fraud-inquiry\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/f329b207050009149e1be8d9844f79df92305f94\/20_405_3513_2108\/master\/3513.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=6d5a0036efdc2a499205f4d2e1b88d2f\" title=\"HMRC seizes NFTs for first time amid fraud inquiry\" \/>Move is part of an investigation into suspected VAT fraud scheme involving 250 fake companies<br \/>\nThe UK tax department has seized three non-fungible tokens (NFTs) as part of an investigation into a suspected VAT fraud scheme involving 250 fake companies.<br \/>\nHM Revenue and Customs said on Monday it had seized the NFTs and arrested three people on suspicion of attempting to defraud it out of \u00a31.4m. It is the first time a UK law enforcement agency has seized an NFT. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Move is part of an investigation into suspected VAT fraud scheme involving 250 fake companies The UK tax department has seized three non-fungible tokens (NFTs) as part of an investigation into a suspected VAT fraud scheme involving 250 fake companies. HM Revenue and Customs said on Monday it had seized the NFTs and arrested three &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2022\/02\/14\/hmrc-seizes-nfts-for-first-time-amid-fraud-inquiry\/\"> <span class=\"screen-reader-text\">HMRC seizes NFTs for first time amid fraud inquiry<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":4748,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/4747"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=4747"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/4747\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/4748"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=4747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=4747"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=4747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}