- Sweden has uncovered widespread VAT fraud related to cryptoasset mining
- Authorities have identified several companies involved in the fraudulent activity
- The fraud involves falsely claiming VAT refunds on electricity used for crypto mining
- The investigation is ongoing and more companies may be implicated
- This discovery highlights the need for increased regulation and oversight in the cryptoasset industry
Source: answerconnect.cch.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
