Italian Investigators Bust €1 Million Bitcoin Ordinals Tax Fraud Using Chainalysis Reactor

TLDR: Italian investigators uncovered over €1 million in undeclared capital gains tied to Bitcoin Ordinals and BRC-20 tokens. Chainalysis Reactor mapped a complex inscription-monetization cycle from a single seized Ledger hardware wallet. Common-input-ownership heuristics linked multiple pseudonymous wallet addresses back to one controlling suspect. KYC records from centralized exchanges provided the final identity link needed [...]

The post Italian Investigators Bust €1 Million Bitcoin Ordinals Tax Fraud Using Chainalysis Reactor appeared first on Blockonomi.