A global tax enforcement group that includes the IRS criminal investigation division found more than 30 potential instances of money laundering or tax evasion related to cryptocurrency.
The Joint Chiefs of Global Tax Enforcement, or J5, hosted an annual “Cyber Challenge” during which member countries review data and identify leads of financial crimes. This year, the group focused on over-the-counter cryptocurrency trading desks, online crypto casinos, and crypto payment platforms.
“Our goal is to stop criminals in their tracks, and the exchange of information that occurs during these challenges allows us to embark on new ...
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.