The United States has unsealed an indictment against Amir Elmaani, who created the cryptocurrency Oyster Pearl, for tax evasion, the Justice Department said.
Acting US Attorney for the New York City borough of Manhattan Audrey Strauss said in the release on Wednesday that Elmaani allegedly generated millions by soliciting investor money through his own cryptocurrency, adding to the purportedly fixed number of tokens and converting them to other cryptocurrencies, and failing to report or pay tax on any of the proceeds.
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