Tax evasion carries severe consequences across major economies worldwide. In countries like Nigeria and the United States, dodging taxes is treated with utmost seriousness by authorities. The penalties? Harsh. Criminal prosecution, substantial fines, asset seizure—the full force of the law comes down hard. You think it's just a financial slip-up? Think again. Tax fraud ranks among the most aggressively prosecuted violations. The takeaway: compliance matters. For anyone holding crypto assets, this is non-negotiable territory.