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by sosuke 3851 days ago
Raided his out just a little while after these were sharing a theory he was the bitcoin founder. And in the name of the Tax Office? I'm in shock at the speed they moved in to try and catch him for ... tax evasion?
1 comments

As the articles say, he has been under investigation for a while for his bitcoin mining work (which as far as I can tell is not under dispute). The Australian government has decreed that all bitcoin "investments" should be taxed for capital gains [1] so he could be up for a huge tax bill on his paper "profits" even if he was just mining back in the early days.

[1] https://www.ato.gov.au/General/Gen/Tax-treatment-of-crypto-c...