IRS doubles down, investing another quarter million dollars into tracking crypto transactions

Cointelegraph

Published Sep 09, 2020 01:50PM ET

Updated Sep 09, 2020 04:20PM ET

On Sept. 8, the IRS’s criminal investigation department signed a $249,900 contract with a blockchain analytics firm to expand its crypto tracing tools.

The contract provides limited information, but it follows an overarching trend of the IRS stepping up its game when it comes to crypto.

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