The IRS Criminal Investigation Division has released its Fiscal Year 2024 report, revealing significant focus on financial crimes, particularly involving cryptocurrency. Notably, a U.S. taxpayer has pled guilty to tax evasion related to crypto sales, and Binance, the largest cryptocurrency exchange, has entered a historic $4 billion settlement for failing to prevent money laundering. The ...
The IRS Criminal Investigation division released its Fiscal Year 2024 report, highlighting recent efforts against tax evasion and financial crimes, especially in the cryptocurrency sector. Among significant developments, a U.S. taxpayer has pleaded guilty to tax evasion linked to cryptocurrency, and Binance Holdings settled a major case for $4 billion. The IRS has also initiated ...
A man from Austin, Frank Richard Ahlgren III, has been sentenced to two years in prison for filing false tax returns that underreported his earnings from selling $4 million worth of Bitcoin. Between 2017 and 2019, he failed to report significant profits and even manipulated his tax returns to conceal his gains. Ahlgren used complex ...
