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IRS cops scouring cryptocurrency accounts to construct tax evasion instances

The IRS, recent off its success in uncovering U.S. belongings hidden in Swiss banks, has assigned elite felony brokers to analyze whether or not bitcoin and different cryptocurrencies are getting used to cheat the taxman.

A brand new crew of 10 investigators is specializing in worldwide crimes. Along with following undeclared belongings which can be flowing out of Swiss banks after a crackdown, it is going to additionally construct instances in opposition to tax evaders who use cryptocurrency. The promise of anonymity that has drawn cash launderers and drug sellers to digital cash can also be attracting tax cheats, the IRS has mentioned.

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