On June 4th, a report by the BBC revealed a personal tax return for Bitcoin mining investors and billionaire Frank Timis in 2017. The declaration showed that he only paid £35.20. $44) income tax. It seems that it is not enough to pay only $44 in 2017. The leaked documents show that Timis may not have paid any taxes in the previous year, which indicates that he may be guilty of tax evasion. Although Timis is said to have a net worth of more than $1.1 billion, he has been at the center of controversy for most of the past 30 years. The Romanian tycoon was twice convicted of providing Heroin in the 1990s. In 2009, one of his companies was fined the highest ever by the London Stock Exchange for misleading investors in oil discovery. The Odaily Planet Daily reported that in April 2019, after a mysterious investor asked Argo Blockchain to expel two executives, Frank Timis was revealed to be the company's largest shareholder. The entrepreneur holds a 14% stake in Argo Blockchain. .