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Bitcoin Critic Peter Schiff’s Bank Under Spotlight in Global Tax Probe

From coindesk.com

A Puerto Rico-based bank founded by gold bug and long-time bitcoin skeptic Peter Schiff is under investigation over suspicions it facilitated tax evasion for “high-risk” clients. According to reports on Saturday by several large media organizations in Australia and the U.S., Schiff’s Euro Pacific Bank has become the focus of a major global tax evasion investigation dubbed “Operation Atlantis.” Hundreds of account holders at the bank, including 100 Australians considered “high risk,” are now being investigated over possible tax evasion and money laundering.These reportedly include Simon Anquetil, the man behind major ... (full story)

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  • Category: Fundamental Analysis