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
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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