Hideji Matsuda, 56, was sentenced to one year in prison and fined over USD 202,000 by a judge in Ishikawa's Kanazawa District Court. Matsuda wilfully refused to file correct tax declarations on his bitcoin trading in the years 2017-2018, according to the court. He was found guilty of falsifying details on his tax returns, saying he only made a fraction of the USD 1.7 million he actually made.