IRS Warning: The Taxman Cometh – For 'Billions of Dollars' Worth of Crypto
America’s central tax body, the Internal Revenue Service (IRS) has stated that it expects crypto worth billions of dollars could be seized again next year. Bloomberg quoted the IRS Criminal Investigation Chief Jim Lee as...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bloomberg quoted the IRS Criminal Investigation Chief Jim Lee as stating:
“I expect a trend of crypto seizures to continue as we move forward into the fiscal year [FY] 2022. We’re seeing crypto involved in a number of our crimes as we move forward.”...
Read More: IRS Warning: The Taxman Cometh – For 'Billions of Dollars' Worth of Crypto
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Tether Celebrates 12 Years, USD₮ Surpasses 700M Users
Key Takeaways: Tether marked the 12th anniversary of the world’s largest stablecoin by market cap, USD₮. The company claims that U...
US Government Moves $103M in Seized Bitcoin and BNB to Coinbase Prime, Raising Sale Questions
The Bitcoin and BNB transactions drew attention because Coinbase Prime provides institutional custody and trading services for dig...
Hong Kong to regulate bitcoin and digital assets with new legislation this year
Hong Kong's regulatory move may bolster investor trust and align with global trends, potentially driving increased bitcoin adoptio...
Coinbase Completes Deribit Integration and Says Coinbase Pro Returns by Year-End
Coinbase said it has completed its integration of Deribit, creating what it calls the Coinbase Global Exchange, and that Coinbase...
U.S. Government Moves $103 Million in Seized Bitcoin and BNB, Sending BTC to Coinbase Prime
Wallets linked to the U.S. government moved $103.19 million in seized and forfeited crypto on Tuesday, Onchain Lens said in an X p...
BTCC Exchange Launches Refreshed Trust Center: Alex Hung on 15 Years of Earning Traders’ Trust
GEORGE TOWN, Cayman Islands, October 7th, 2026, Chainwire BTCC, the world’s longest-serving cryptocurrency exchange and Platinum S...