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The US court has ordered BTC investors to surrender the Cryptocurrency Secret Key in a tax fraud case.
ChainCatcher News, according to Cointelegraph, a federal court in Texas has ordered BTC investors to surrender their Cryptocurrency Secret Key in a tax fraud case involving unreported sales of $3.7 million BTC. Earlier reports indicate that the US Department of Justice has initiated criminal prosecution for tax evasion specifically related to encryption, sentencing a man to two years in prison for failing to declare a profit of 3.7 million USD in BTC.