Chainalysis
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US Risks Falling Behind in Stablecoin Adoption Amid Global Surge: Chainalysis Report
A #chainalysis report reveals that the United States is losing ground in stablecoin adoption due to regulatory uncertainty, even as demand for US dollar-backed #Stablecoins soars globally. In 2024, stablecoin transactions on US platforms fell below 40%, down from 50% last year, while non-US platforms surpassed 60%, driven by emerging markets like Argentina and Turkey. Tether’s CEO #PaoloArdoino noted that demand is strongest in regions with unstable currencies. With the US lagging on #stablecoin regulations, other regions are attracting stablecoin projects, putting pressure on US policymakers to step up and protect its leadership in digital finance.
#MemeCoinTrending $USDC
#MemeCoinTrending $USDC
Tether is partnering with Chainalysis to create a customizable monitoring solution for secondary market activity, enhancing oversight of the USDT market and providing on-chain intelligence for compliance professionals.
#TetherUSD #Tether #chainalysis #CryptoWatchMay2024 #MicroStrategy
#TetherUSD #Tether #chainalysis #CryptoWatchMay2024 #MicroStrategy
Hadron by Tether unveils integration with Chainalysis
#Tether 's purpose-built platform for tokenizing real-world assets, #Hadron , integrates #Chainalysis ’ compliance and monitoring tools. This integration provides participants with advanced risk detection, real-time transaction monitoring, and comprehensive Know Your Transaction (KYT) support, ensuring compliance with global regulations. The upgrade strengthens the platform’s compliance management for tokenized assets like bonds and funds while enabling support for multi-chain issuance.
👉 tether.io/news/hadron-by-tether-integrates-chainalysis-sets-new-standard-for-compliant-tokenization/
#Tether 's purpose-built platform for tokenizing real-world assets, #Hadron , integrates #Chainalysis ’ compliance and monitoring tools. This integration provides participants with advanced risk detection, real-time transaction monitoring, and comprehensive Know Your Transaction (KYT) support, ensuring compliance with global regulations. The upgrade strengthens the platform’s compliance management for tokenized assets like bonds and funds while enabling support for multi-chain issuance.
👉 tether.io/news/hadron-by-tether-integrates-chainalysis-sets-new-standard-for-compliant-tokenization/
🅰️ UPD: Paris Crypto Attacks — #Chainalysis says criminals still think Bitcoin is untraceable
🟠Paris is becoming a crypto warzone this May. First, a €7.8M ransom kidnapping. Then, Paymium CEO’s daughter and grandson fought off armed attackers in broad daylight. And now, Chainalysis CEO Jonathan Levin drops the truth: these gangs are stuck in 2017.
🟠Speaking at Consensus 2025, Levin said it bluntly: crypto ain’t anonymous anymore. But old-school criminals still think they can launder $BTC like cash. Reality? Those onchain breadcrumbs are leading cops straight to their doors — and yes, sometimes even with asset recovery.
🟠Funny? Maybe. Sad? Definitely. Levin warns this “#bitcoin = cash” delusion is why gangs are grabbing guns and going full wrench attack on crypto whales — blind to the fact that blockchain forensics is two steps ahead.
🟠Worse? It’s a global trend now. Levin confirmed it’s not just France. Vegas, Spain, across Europe — same playbook. And while law enforcement is getting sharper, crypto influencers keep flexing Lambos and NFTs like it’s bull run season.
🤑 Bottom line? #blockchain will expose them. But a gun in your face still moves faster. Stop living in 2017. Upgrade your OPSEC. Stop flexing your bags. And accept that in 2025, paranoia is your best wallet.
➡️Buy and Trade $BTC here
🟠Paris is becoming a crypto warzone this May. First, a €7.8M ransom kidnapping. Then, Paymium CEO’s daughter and grandson fought off armed attackers in broad daylight. And now, Chainalysis CEO Jonathan Levin drops the truth: these gangs are stuck in 2017.
🟠Speaking at Consensus 2025, Levin said it bluntly: crypto ain’t anonymous anymore. But old-school criminals still think they can launder $BTC like cash. Reality? Those onchain breadcrumbs are leading cops straight to their doors — and yes, sometimes even with asset recovery.
🟠Funny? Maybe. Sad? Definitely. Levin warns this “#bitcoin = cash” delusion is why gangs are grabbing guns and going full wrench attack on crypto whales — blind to the fact that blockchain forensics is two steps ahead.
🟠Worse? It’s a global trend now. Levin confirmed it’s not just France. Vegas, Spain, across Europe — same playbook. And while law enforcement is getting sharper, crypto influencers keep flexing Lambos and NFTs like it’s bull run season.
🤑 Bottom line? #blockchain will expose them. But a gun in your face still moves faster. Stop living in 2017. Upgrade your OPSEC. Stop flexing your bags. And accept that in 2025, paranoia is your best wallet.
➡️Buy and Trade $BTC here
WISE PUMPS
--
🔤 Crypto CEO’s Family Fights Off Armed Kidnappers in Paris
🟠The offline violence against #crypto elites is escalating. On May 13, Paymium CEO Pierre Noizat’s daughter and grandson were attacked in broad daylight in #Paris . Three masked men tried to kidnap them — but the daughter didn’t go down easy. She fought back, disarmed one of the attackers, and threw the gun away while passersby jumped in to help.
🟠The attackers fled, leaving behind a van and chaos. All victims were hospitalized, and the case is now under the scrutiny of France’s anti-banditry police unit.
🟠This isn’t an isolated incident. Just this month in Paris, another crypto entrepreneur’s father was freed from kidnappers who demanded €7M ransom. In Las Vegas, teens held a crypto investor at gunpoint for $4M in crypto and #NFTs . The message? Offline crypto crimes are no longer rare — they’re becoming the new norm.
🟠Crypto veterans like Jameson Lopp have long warned about the rise of so-called “wrench attacks.” The scariest part? They’re often underreported. Victims stay silent out of fear or humiliation.
🚨 In this game, OPSEC isn’t optional. Stop flaunting wealth online, rethink your public routines, and remember: in crypto, your physical security is now as important as your private keys.
➡️#BinanceHODLerNXPC @WISE PUMPS
🟠The attackers fled, leaving behind a van and chaos. All victims were hospitalized, and the case is now under the scrutiny of France’s anti-banditry police unit.
🟠This isn’t an isolated incident. Just this month in Paris, another crypto entrepreneur’s father was freed from kidnappers who demanded €7M ransom. In Las Vegas, teens held a crypto investor at gunpoint for $4M in crypto and #NFTs . The message? Offline crypto crimes are no longer rare — they’re becoming the new norm.
🟠Crypto veterans like Jameson Lopp have long warned about the rise of so-called “wrench attacks.” The scariest part? They’re often underreported. Victims stay silent out of fear or humiliation.
🚨 In this game, OPSEC isn’t optional. Stop flaunting wealth online, rethink your public routines, and remember: in crypto, your physical security is now as important as your private keys.
➡️#BinanceHODLerNXPC @WISE PUMPS
Chainalysis unveils acquisition of Alterya for $150M
#Chainalysis acquires #Alterya , the AI-powered fraud detection solution, for $150M. With this acquisition, Chainalysis can now deliver real-time fraud prevention for payments and improved fraud detection during KYC processes for exchanges, blockchains and wallet providers. Alterya has already assisted leading crypto exchanges in reducing fraud by 60%, minimizing scam-related disputes, and streamlining manual operations.
👉 chainalysis.com/blog/chainalysis-alterya-announcement/
#Chainalysis acquires #Alterya , the AI-powered fraud detection solution, for $150M. With this acquisition, Chainalysis can now deliver real-time fraud prevention for payments and improved fraud detection during KYC processes for exchanges, blockchains and wallet providers. Alterya has already assisted leading crypto exchanges in reducing fraud by 60%, minimizing scam-related disputes, and streamlining manual operations.
👉 chainalysis.com/blog/chainalysis-alterya-announcement/
JPMorgan CEO Jamie Dimon Calls for Crypto Industry Shutdown. 🪙🤯🤥
During the annual banking oversight hearing, JPMorgan CEO Jamie Dimon expressed his desire to "close down" the entire crypto industry.*
CEOs from major banks, including Morgan Stanley, Goldman Sachs, Bank of America, and BNY Mellon, joined Dimon to discuss the effectiveness of the banking industry in serving Americans.
Senator Elizabeth Warren, a vocal critic of the banking industry, found common ground with Dimon on the topic of cryptocurrencies, citing their use in illicit transactions and funding dangerous criminal activities.
Warren referred to a Chainalysis report estimating over $23 billion in cryptocurrency laundering in 2022, though a mid-year report in July 2023 showed a 65% decrease in illicit crypto activities.
Dimon acknowledged the association of crypto with criminal activities, citing anonymity and instant money transfer as attractive features for criminals.
Despite Dimon's strong stance against crypto, JPMorgan has ventured into the blockchain space with initiatives like the corporate stablecoin, JPM Coin, and the blockchain platform, Onyx.
Warren questioned all witnesses, including Dimon, about the need for crypto companies to adhere to the same anti-money laundering rules as traditional banks.
All eight banking representatives, including Dimon, unanimously agreed that crypto companies facilitating financial transactions should follow anti-money laundering rules.
#JPMorgan #JPM #JamieDimon #chainalysis
During the annual banking oversight hearing, JPMorgan CEO Jamie Dimon expressed his desire to "close down" the entire crypto industry.*
CEOs from major banks, including Morgan Stanley, Goldman Sachs, Bank of America, and BNY Mellon, joined Dimon to discuss the effectiveness of the banking industry in serving Americans.
Senator Elizabeth Warren, a vocal critic of the banking industry, found common ground with Dimon on the topic of cryptocurrencies, citing their use in illicit transactions and funding dangerous criminal activities.
Warren referred to a Chainalysis report estimating over $23 billion in cryptocurrency laundering in 2022, though a mid-year report in July 2023 showed a 65% decrease in illicit crypto activities.
Dimon acknowledged the association of crypto with criminal activities, citing anonymity and instant money transfer as attractive features for criminals.
Despite Dimon's strong stance against crypto, JPMorgan has ventured into the blockchain space with initiatives like the corporate stablecoin, JPM Coin, and the blockchain platform, Onyx.
Warren questioned all witnesses, including Dimon, about the need for crypto companies to adhere to the same anti-money laundering rules as traditional banks.
All eight banking representatives, including Dimon, unanimously agreed that crypto companies facilitating financial transactions should follow anti-money laundering rules.
#JPMorgan #JPM #JamieDimon #chainalysis
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Chainalysis expands its Solana coverage to include memecoins like $PUMP and $FUN, a step forward to better track and analyze these assets in the crypto ecosystem. 🚀#Solana#Chainalysis #Memecoins #Crypto
🌐 Tether x Chainalysis: Strengthening Crypto Security
📢 Tether, the issuer of the world’s largest stablecoin, has partnered with Chainalysis to integrate advanced compliance and monitoring tools into its Hadron tokenization platform.
🛡 This collaboration aims to deliver real-time fraud detection and institutional-grade oversight for the tokenization of real-world assets — a big step toward stronger security and regulatory compliance in the crypto space.
🔒 Building trust. Boosting innovation. Driving the future of digital assets.
#Tether #Chainalysis #Crypto #Blockchain
📢 Tether, the issuer of the world’s largest stablecoin, has partnered with Chainalysis to integrate advanced compliance and monitoring tools into its Hadron tokenization platform.
🛡 This collaboration aims to deliver real-time fraud detection and institutional-grade oversight for the tokenization of real-world assets — a big step toward stronger security and regulatory compliance in the crypto space.
🔒 Building trust. Boosting innovation. Driving the future of digital assets.
#Tether #Chainalysis #Crypto #Blockchain
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Tether launches on Kaia and brings USDt to the ecosystem of 196 million LINE users
Tether's USDt launches on the Kaia blockchain, enhancing payments with stablecoins and DeFi tools for LINE's 196 million users across Asia.
Tether adds the Chainalysis tokenization platform for compliance and monitoring
Users of Tether's Hadron platform will now have access to risk detection and real-time transaction monitoring, helping them comply with regulators.
#Chainalysis #Linea #USDT #Kaia #StripeStablecoinAccounts $USDC
Tether's USDt launches on the Kaia blockchain, enhancing payments with stablecoins and DeFi tools for LINE's 196 million users across Asia.
Tether adds the Chainalysis tokenization platform for compliance and monitoring
Users of Tether's Hadron platform will now have access to risk detection and real-time transaction monitoring, helping them comply with regulators.
#Chainalysis #Linea #USDT #Kaia #StripeStablecoinAccounts $USDC
Crypto Crime on the Rise CryptoXhop Investigates Chainalysis Report
Yo CryptoXhop Fam,
A recent report by Chainalysis paints a concerning picture: illicit activity involving cryptocurrency has surpassed $2 billion in 2024 so far. This highlights the need for vigilance and responsible use of crypto.
Chainalysis Report Breakdown:
The report estimates over $2 billion in crypto transactions linked to ransomware attacks and theft.
This represents a significant increase compared to previous years.
Ransomware attacks are a major concern, with attackers demanding crypto payments for stolen data.
CryptoXhop's Perspective:
While crypto offers many benefits, it's important to be aware of the risks.
Here's what you can do:
Secure Your Crypto: Use strong passwords, multi-factor authentication, and reputable wallets to protect your holdings.
Be Wary of Scams: Don't invest in projects with unrealistic promises or engage with suspicious links.
Research Before You Transact: Understand who you're sending crypto to and avoid anonymous exchanges.
The Future of Crypto and Security:
The crypto industry is working on solutions to combat illicit activity.
These include:
Collaboration with Law Enforcement: Increased cooperation can help track and prevent criminal activity.
Adoption of KYC/AML Regulations: Implementing Know Your Customer (KYC) and Anti-Money Laundering (AML) practices can deter criminals.
What are your thoughts on the rise of crypto-related crime?
Share your insights and safety tips in the comments!
#write2Earn #MarketDownturn #AirdropGuide #chainalysis #cryptoxhop
$BTC $ETH
$BNB
Disclaimer: This information is for educational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.
Yo CryptoXhop Fam,
A recent report by Chainalysis paints a concerning picture: illicit activity involving cryptocurrency has surpassed $2 billion in 2024 so far. This highlights the need for vigilance and responsible use of crypto.
Chainalysis Report Breakdown:
The report estimates over $2 billion in crypto transactions linked to ransomware attacks and theft.
This represents a significant increase compared to previous years.
Ransomware attacks are a major concern, with attackers demanding crypto payments for stolen data.
CryptoXhop's Perspective:
While crypto offers many benefits, it's important to be aware of the risks.
Here's what you can do:
Secure Your Crypto: Use strong passwords, multi-factor authentication, and reputable wallets to protect your holdings.
Be Wary of Scams: Don't invest in projects with unrealistic promises or engage with suspicious links.
Research Before You Transact: Understand who you're sending crypto to and avoid anonymous exchanges.
The Future of Crypto and Security:
The crypto industry is working on solutions to combat illicit activity.
These include:
Collaboration with Law Enforcement: Increased cooperation can help track and prevent criminal activity.
Adoption of KYC/AML Regulations: Implementing Know Your Customer (KYC) and Anti-Money Laundering (AML) practices can deter criminals.
What are your thoughts on the rise of crypto-related crime?
Share your insights and safety tips in the comments!
#write2Earn #MarketDownturn #AirdropGuide #chainalysis #cryptoxhop
$BTC $ETH
$BNB
Disclaimer: This information is for educational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.
#Cryptocurrency trading in #China is experiencing significant growth, even amid strict regulatory measures.
A recent report from #chainalysis indicates that trading volume in the over-the-counter (#OTC ) market surged to $23.7 billion in Q2 2024, a more than threefold increase compared to the same quarter in 2021.
This rise suggests that investors are turning to #crypto as an alternative to underperforming stocks in a slowing economy. Despite government crackdowns, the demand for cryptocurrencies remains strong, reflecting a broader shift in investment strategies.
A recent report from #chainalysis indicates that trading volume in the over-the-counter (#OTC ) market surged to $23.7 billion in Q2 2024, a more than threefold increase compared to the same quarter in 2021.
This rise suggests that investors are turning to #crypto as an alternative to underperforming stocks in a slowing economy. Despite government crackdowns, the demand for cryptocurrencies remains strong, reflecting a broader shift in investment strategies.
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The Prime Minister Directs the Presentation of the Legal Framework for Digital Assets in March - A Turning Point for Crypto in Vietnam?
On March 1, 2025, Prime Minister Pham Minh Chinh signed Directive 05 on solutions to promote economic growth, which includes a noteworthy point: requiring the Ministry of Finance and the State Bank to propose a legal framework for managing digital assets within March.
This is seen as a groundbreaking step, helping Vietnam keep pace with the development trends of the digital currency market, while creating clearer mechanisms to protect investors, attract businesses, and leverage the potential from the blockchain sector.
This is seen as a groundbreaking step, helping Vietnam keep pace with the development trends of the digital currency market, while creating clearer mechanisms to protect investors, attract businesses, and leverage the potential from the blockchain sector.
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EU Sanctions Garantex Exchange: A Big Blow to Illegal Cryptocurrency Activity?
The European Union (EU) has included Garantex, a Moscow-based cryptocurrency exchange, in its 16th round of sanctions against Russia. According to the EU, Garantex facilitated transactions related to cybercrime, black markets, and ransomware groups like Conti, making it a key link in money laundering and sanctions evasion.
Garantex – The Bridge That Helps Russia Evade Sanctions
According to a statement from the European Council, #Garantex was sanctioned for its links with Sberbank, Tinkoff Bank and Alfa-Bank – three Russian banks that have been on the EU sanctions list since 2014.
Garantex – The Bridge That Helps Russia Evade Sanctions
According to a statement from the European Council, #Garantex was sanctioned for its links with Sberbank, Tinkoff Bank and Alfa-Bank – three Russian banks that have been on the EU sanctions list since 2014.
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Cryptocurrency Crimes
The evolution of cryptocurrency crimes in the age of artificial intelligence and advanced technologies
A recent report by Chainalysis titled 'Cryptocurrency Crime Report 2025' revealed significant shifts in the world of digital financial crimes, as these crimes have become more complex and advanced than ever before. The report indicated that a new era dominated by AI-supported fraud, money laundering through stablecoins, and effective cybercriminal group activities has already begun.
A recent report by Chainalysis titled 'Cryptocurrency Crime Report 2025' revealed significant shifts in the world of digital financial crimes, as these crimes have become more complex and advanced than ever before. The report indicated that a new era dominated by AI-supported fraud, money laundering through stablecoins, and effective cybercriminal group activities has already begun.
Breaking into the Bybit Exchange.
Anyway, Bybit has released a report on what happened with their hack in the first place. Point by point, the picture is as follows:
- First they hacked the comp of one of the developers of #safe (a multisig wallet provider), through which Bybit signed their trances.
- Then Lazarus injected a malicious script directly into one of the files Safe stored on their servers in AWS (specifically S3).
- This script spoofed transactions at the signature stage. That is, you sign one thing, but in fact another thing is already flying out.
- And the code worked only if the transaction went to one of two addresses: the Bybit contract and some murky test address, which, most likely, was controlled by the hackers themselves.
- As soon as the transaction went away, the hackers immediately cleaned up their tracks, deleted the script and uploaded a clean version of the file back.
- As a result of the investigation, it became clear that the Bybit infrastructure itself was not affected, it was Safe that was affected. Safe's contracts were not touched either, the whole attack went through the interface.
Safe from its side gave minimum information, they promised to tell more after the investigation is completed.
#cz_binance also reacted negatively to Safe's report, because nothing is really clear from it.
Anyway, it's another reminder that regular users have nothing to hope for at all except their paranoia hehehe 🥹
#chainalysis btw posted a graph of how Lazarus are trying to launder money. What do you think? Isn't that art? 🥲
- First they hacked the comp of one of the developers of #safe (a multisig wallet provider), through which Bybit signed their trances.
- Then Lazarus injected a malicious script directly into one of the files Safe stored on their servers in AWS (specifically S3).
- This script spoofed transactions at the signature stage. That is, you sign one thing, but in fact another thing is already flying out.
- And the code worked only if the transaction went to one of two addresses: the Bybit contract and some murky test address, which, most likely, was controlled by the hackers themselves.
- As soon as the transaction went away, the hackers immediately cleaned up their tracks, deleted the script and uploaded a clean version of the file back.
- As a result of the investigation, it became clear that the Bybit infrastructure itself was not affected, it was Safe that was affected. Safe's contracts were not touched either, the whole attack went through the interface.
Safe from its side gave minimum information, they promised to tell more after the investigation is completed.
#cz_binance also reacted negatively to Safe's report, because nothing is really clear from it.
Anyway, it's another reminder that regular users have nothing to hope for at all except their paranoia hehehe 🥹
#chainalysis btw posted a graph of how Lazarus are trying to launder money. What do you think? Isn't that art? 🥲
📊 Blockchain analytics firm, #Chainalysis , acquired AI 🤖 fraud detection firm, Alterya, for an estimated $150M.
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TRUMP and MELANIA: The memecoin frenzy causing heavy losses for retail investors
In recent days, both #memecoin TRUMP and MELANIA have created a frenzy in the crypto community, attracting significant interest from investors. However, according to analysis from Chainalysis, the actual profit picture is not as rosy for most participants.
"Whales" feast, retail investors lament
Data from #Chainalysis shows that 94% of TRUMP and MELANIA supply is held by the top 40 wallets, creating a high concentration of assets. Among them, 60 "whale" wallets have earned over 10 million USD each.
"Whales" feast, retail investors lament
Data from #Chainalysis shows that 94% of TRUMP and MELANIA supply is held by the top 40 wallets, creating a high concentration of assets. Among them, 60 "whale" wallets have earned over 10 million USD each.
𝗝𝗮𝗻𝘂𝗮𝗿𝘆 𝟭𝟲, 𝟮𝟬𝟮𝟱
BREAKING: Trump Expected To Issue Executive Orders Pertaining To #Crypto On Day One: Washington Post.
Blockchain analytics firm, #Chainalysis , acquired AI 🤖 fraud detection firm, Alterya, for an estimated $150M.
BREAKING: Trump Expected To Issue Executive Orders Pertaining To #Crypto On Day One: Washington Post.
Blockchain analytics firm, #Chainalysis , acquired AI 🤖 fraud detection firm, Alterya, for an estimated $150M.
Omnia Protocol announced its partnership with Chainalysis. 🤝🔗
Omnia Protocol recently announced an exciting collaboration with Chainalysis, a prominent provider of Blockchain intelligence solutions.
With over two years of reliance on Chainalysis for platform protection, serving more than 15 million users, this partnership aims to bolster compliance measures and offer a seamless experience across 45+ chains.
The commitment to prioritizing compliance and security underscores their dedication to providing peace of mind to their diverse user base.
Moving forward, they anticipate strengthening their collaboration with Chainalysis to enhance trust and security within their ecosystem, promising further updates on the partnership's impact on platform security and integrity.
#chainalysis #OMNIA #OmniaProtocol #
Omnia Protocol recently announced an exciting collaboration with Chainalysis, a prominent provider of Blockchain intelligence solutions.
With over two years of reliance on Chainalysis for platform protection, serving more than 15 million users, this partnership aims to bolster compliance measures and offer a seamless experience across 45+ chains.
The commitment to prioritizing compliance and security underscores their dedication to providing peace of mind to their diverse user base.
Moving forward, they anticipate strengthening their collaboration with Chainalysis to enhance trust and security within their ecosystem, promising further updates on the partnership's impact on platform security and integrity.
#chainalysis #OMNIA #OmniaProtocol #
🧾 IRS Cracks Down on Crypto Tax Evasion with Blockchain Surveillance
In 2021, the Internal Revenue Service (IRS) of the United States launched a major initiative to target crypto-related tax evasion, partnering with blockchain analytics firms like Chainalysis and CipherTrace.
🔍 Using these tools, the IRS began tracking on-chain activity, identifying wallets linked to U.S. citizens, and sending warning letters to thousands of crypto holders who hadn’t reported their gains.
📬 One of the most viral moments came when users received Letter 6173, urging them to “amend their returns or face penalties.” Panic rippled through Reddit and Twitter.
💼 This crackdown sent a strong message: blockchain is transparent, and governments can trace assets across public ledgers — even with mixers and swaps.
⚖️ It marked a turning point in crypto’s evolution — from underground finance to fully monitored digital economy.
🏷️ #CryptoTaxes #IRSvsCrypto #Chainalysis #BlockchainTransparency #Crypto2021
In 2021, the Internal Revenue Service (IRS) of the United States launched a major initiative to target crypto-related tax evasion, partnering with blockchain analytics firms like Chainalysis and CipherTrace.
🔍 Using these tools, the IRS began tracking on-chain activity, identifying wallets linked to U.S. citizens, and sending warning letters to thousands of crypto holders who hadn’t reported their gains.
📬 One of the most viral moments came when users received Letter 6173, urging them to “amend their returns or face penalties.” Panic rippled through Reddit and Twitter.
💼 This crackdown sent a strong message: blockchain is transparent, and governments can trace assets across public ledgers — even with mixers and swaps.
⚖️ It marked a turning point in crypto’s evolution — from underground finance to fully monitored digital economy.
🏷️ #CryptoTaxes #IRSvsCrypto #Chainalysis #BlockchainTransparency #Crypto2021
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