Korean crypto investment firm Hashed reportedly under tax investigation

Korean crypto investment firm Hashed reportedly under tax investigation
© Reuters.

Crypto investment firm Hashed is currently under investigation by the National Tax Service (NTS) in South Korea according to local media.

The 4th Bureau of Investigation from the Seoul Regional Tax Office, which is handling the investigation, is best known for conducting investigations into tax evasion and slush fundraising. A slush fund is a pool of funds raised through undisclosed means and set aside for undisclosed purposes.

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