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IRS Hires Crypto Tax Experts
The US Internal Revenue Service (IRS) has brought on board two former cryptocurrency company employees as consultants to aid in crafting the definitive tax regulations for digital assets. This move will impact all crypto businesses, including exchanges and brokers, requiring them to report all transactions per client. 
Privacy concerns? Apparently not
Arkham Intelligence has developed an app that uses a Twitter handle to search for anyone's activity across various blockchains, including Ethereum, Polygon, and BNB Chain.
The app can:
find wallet addresses that the user has interacted with;
filter the user's recent transactions;
visualize their actions on the blockchain.
Anyone who wants to join this impressive initiative can sign up for the waitlist.
The first entities on the waitlist are probably the IRS and the FRS. 
FTX Averts $24 Billion Lawsuit
The defunct cryptocurrency exchange FTX has reached a settlement with the U.S. Internal Revenue Service (IRS), agreeing to pay a $200 million higher priority claim and a $685 million lower priority claim. This agreement stands in stark contrast to the initial claims totaling $24 billion. The payment is scheduled within 60 days after the restructuring plan goes into effect. 
Tracking Sanctions Evaders: IRS and Ukraine Join Forces
The Internal Revenue Service (IRS) is intensifying its efforts to track down individuals potentially using cryptocurrency to evade sanctions, particularly in the wake of Russia's invasion of Ukraine. The IRS's criminal investigation division is partnering with blockchain analytics firm Chainalysis and Ukrainian investigators in this effort. 1 - 13 of 13 results