CRA Targets 2,500 Dapper Labs Users In NFT Tax Probe

Canada’s CRA won a court order forcing Dapper Labs to hand over data on 2,500 users, marking a major escalation in the country’s crypto tax enforcement drive.

The Canada Revenue Agency has obtained a court order requiring Dapper Labs to provide detailed information on 2,500 platform users as part of an expanded investigation into undeclared cryptocurrency income, according to court documents filed in September 2025.

The Federal Court order compels the Vancouver-based NFT platform to supply data on a specific group of customers, marking the country’s second major probe into crypto tax evasion. The CRA initially sought information on approximately 18,000 accounts but narrowed the request to 2,500 users following negotiations, according to agency statements.

Dapper Labs, known for NFT products including NBA Top Shot and CryptoKitties, has not been accused of any wrongdoing. The court order follows a precedent established in 2020 when the CRA obtained customer data from Toronto-based exchange Coinsquare.

The agency has recovered more than C$100 million in unpaid taxes related to cryptocurrency activity over the past three years, according to CRA figures. However, the agency has not secured a criminal conviction for crypto tax evasion since 2020, despite ongoing investigations.

Internal CRA estimates indicate that as many as 40% of users on certain platforms may be non-compliant with tax reporting requirements. Investigators have cited difficulties gathering evidence across multiple jurisdictions and decentralized platforms as obstacles to prosecution.

The federal government plans to establish a new financial crimes agency by spring 2026 to expand investigative capabilities and streamline data collection for digital-asset cases, according to government announcements.

Canada will implement the OECD’s Crypto-Asset Reporting Framework beginning in 2026, requiring crypto-asset service providers to report customer identities, account balances, and transaction data annually to the CRA. The framework aligns Canada with other nations adopting enhanced disclosure requirements for digital-asset companies.

Canadian regulators have increased enforcement actions in 2025. FINTRAC, the country’s financial intelligence unit, imposed a C$176.96 million penalty on Cryptomus for anti-money-laundering violations and fined KuCoin C$19.5 million for similar breaches, according to FINTRAC statements.

The combination of court-ordered data requests, forthcoming CARF reporting requirements, and the planned financial crimes agency represents a significant expansion of Canada’s approach to cryptocurrency taxation and compliance.