“Fighting Cybercrime” – IRS To Send Crypto Experts Worldwide

The US Internal Revenue Service (IRS) launches a pilot program to combat crypto-related cybercrime worldwide. Check out the latest reports about this below.

According to the IRS, the federal agency is sending four attachés with extensive cybercrime investigative experience to four continents – Asia, Europe, South America, and Australia – to work with their law enforcement counterparts there.

Jim Lee, head of IRS Criminal Investigation (IRS-CI), said the following:

“In order to effectively combat cybercrime, we need to ensure that our foreign counterparts have access to the same tools and expertise we have here in the United States.”

He continued and said this:

“This summer, four of our most-skilled special agents will deploy to strategic locations on four continents to ensure that we can continue to build relationships and effectively combat cybercrime on a global scale.”

As the online publication the Daily Hodl notes, “The four individuals are being deployed to Sydney, Australia; Bogota, Colombia; Frankfurt, Germany; and Singapore, according to the IRS. They will remain there for a 120-day stint, beginning in June and concluding in September 2023.”

In other news, here are the latest reports from the crypto space.

Co-founder of the crypto analytics firm Glassnode has just said that a Bitcoin (BTC) bottom has formed, and this will be setting the stage for a big rally.

The pseudonymous crypto analyst Negentropic, one of Glassnode’s co-founders, said that two simple moving averages (SMAs) are showing a Bitcoin breakout is likely imminent.

As per the online publication the Daily Hodl, according to the analyst, the 200-day SMA, “a key indicator traders use for determining overall long-term market trends,” has remained a line of support for BTC.

He made sure to explain the fact that “the 50-day SMA is on the verge of crossing over the 200-day SMA, which indicates, based on past performance, that Bitcoin will likely put up huge gains any moment now.”