The post Will South Korea Punish Crypto Tax Evaders? Kim Nam-guk’s Trial Sets a Precedent appeared first on Coinpedia Fintech News
In an eye-opening case, Recently Kim Nam-guk, a former lawmaker from South Korea’s Democratic Party is accused of hiding his crypto wealth. Prosecutors have requested to the Seoul Southern District Court a six-month prison sentence for Kim on charges of intentionally hiding a large sum of cryptocurrency in his asset declarations to the National Assembly, …