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An early Bitcoin investor from Austin, Texas, became the first person criminally charged for failing to report crypto capital gains, in a case involving about $4 million worth of cryptocurrencies. According to the United States Department of Justice (DOJ), Texas-based Bitcoin BTC tickers down $100,517 investor Frank Richard Ahlgren III “falsely underreported the (realized) capital gains” earned from selling Bitcoin worth $3.7 million between 2017 and 2019.