IRS Criminal Chief Confirms Building 'Hundreds' Of Crypto-Related Cases

Posted on AllSides November 7th, 2022
From The Center

The criminal investigation division of the United States Internal Revenue Service (IRS) confirmed that it is building "hundreds" of cryptocurrency-related cases for the upcoming tax season and would make them public soon.

The cases, according to IRS Criminal Investigation division chief Jim Lee, are no longer mostly made up of money laundering but includes tax cases too, he told Bloomberg Tax. The crypto-related cases now involve off-ramping transactions and people getting paid in crypto but not reporting them.

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https://www.ibtimes.com/irs-criminal-chief-confirms-building-hundreds-crypto-related-cases-3632872

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