Tag Archives: Million
Canada’s Tax Agency Flags Massive Crypto Non-Compliance but Brings Zero Charges Since 2020
The CRA has recovered over C$100 million (AU$109 million) in crypto tax audits but has not filed any criminal charges since 2020.Court orders, such as the recent Dapper Labs disclosure for 2,500 users, are being used to tackle widespread non-compliance.Canada is preparing stablecoin legislation and a dedicated financial crimes agency, while FINTRAC fines illustrate rising scrutiny on crypto firms.Canada’s tax authority, the Canada Revenue Agency (CRA), has clawed back more than C$100 million (AU$109 million) through audits targeting cryptocurrency users, yet it has not filed any criminal charges since 2020. The CRA’s 35-person crypto audit team has reviewed over 230 cases and estimates that roughly 40 per cent of taxpayers using digital asset platforms either have not filed returns or face a high...
$42.5 Million Texas Ranch Comes Complete With Wildlife Sanctuary
Top Stories Tamfitronics As you were browsing, something about your browser made us think you might be a bot. There are a few reasons this might happen, including: You're a power user moving through this website with super-human speed You've disabled JavaScript and/or cookies in your web browser A third-party browser plugin is preventing JavaScript from running. ...
$127 Million Lost to Crypto Phishing Scams: Are Your Assets Safe?
Top Stories Tamfitronics In September 2024, nearly 10,000 victims of crypto phishing scams lost an alarming $46 million, according to ScamSniffer’s monthly phishing report. This rising trend highlights how cybercriminals are increasingly targeting cryptocurrency users.Among the reported losses, one victim lost a staggering $32 million due to a forged permit signature, while another lost $1 million by simply copying a contaminated transfer address. These cases contribute to a larger problem, with total losses from phishing attacks in Q3 2024 reaching $127 million.On average, around 11,000 victims fall prey to these scams each month, with two major incidents alone accounting for $87 million in losses.Shocking, right? Heres how it all unfolded.How Victims Are TargettedMost phishing scams come from fake accounts on X (formerly Twitter) and malicious ads on Google. Cybercriminals trick victims into clicking on phishing...
A $55,000 Glenlivet, a $1 million Constitution, and living in a Goldman office: Lifestyle news roundup
Top Stories Tamfitronics Photo: StreetEasy, The Glenlivet, Brunk AuctionsColdwell Banker Realty, John Lamparski/Getty Images (Getty Images), Anne Cusack/Los Angeles Times via Getty Images (Getty Images)Photo: StreetEasyFour years after the COVID-19 pandemic first shuttered offices and emptied the streets of lower Manhattan, the financial district is bustling — but with fewer businesspeople and more families. Read MorePhoto: The GlenlivetThe Glenlivet — the oldest legal distillery in the Scottish Highlands — revealed a $55,000 scotch this week to celebrate the brand’s 200th anniversary. Read MoreTwo years ago, while rummaging through old filing cabinets at Hayes Farm — a former slave plantation in North Carolina — antiques appraiser Ken Farmer made a once-in-a-lifetime discovery. Read MorePhoto: Coldwell Banker RealtyEach week Quartz highlights the most luxurious real estate listings across the country. These properties feature remarkable views, enviable locations,...
