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U.S. Strategic Reserve
The U.S. tax agency is being criticized for its handling of Bitcoin.
Poorly seized cryptos, but well kept? Since President Donald Trump announced the creation of a strategic reserve of bitcoins (and other cryptocurrencies), digital assets seized by U.S. authorities have become a national issue. But according to a new report from the U.S. Treasury, the Criminal Investigation Division of the Internal Revenue Service – the U.S. tax agency – allegedly did not adhere to established protocols for seizing and managing cryptos.
Poorly seized cryptos, but well kept? Since President Donald Trump announced the creation of a strategic reserve of bitcoins (and other cryptocurrencies), digital assets seized by U.S. authorities have become a national issue. But according to a new report from the U.S. Treasury, the Criminal Investigation Division of the Internal Revenue Service – the U.S. tax agency – allegedly did not adhere to established protocols for seizing and managing cryptos.
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