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93% of all assets seized by the Division in that time period.
Ryan Korner of the Los Angeles office of the IRS criminal investigation made comments virtual event held on Tuesday by the usc gould school of law, korner. Bloomberg reports Korner said:
“We’re just seeing mountains and mountains of fraud in this area.”
Ryan Korner of the IRS Criminal Investigation of Los Angeles made remarks virtual event held Tuesday by the USC Gould School of Law, Korner. Noted that the use of digital assets has been more than just payments and transactions.
He outlined various illicit behaviours such as fraud, including money laundering, market manipulation and tax evasion.
He spoke about the involvement of celebrities in the space, perhaps thinking of examples as Kim Kardashian and Floyd Mayweather — who recently got into hot water over promoting an allegedly fraudulent token dubbed EthereumHe outlined various illicit behaviours such as fraud, including money laundering, market manipulation and tax evasion. Korner said:
“We’re not necessarily out there looking for celebrities, but when they make a blatant or open comment that says ‘Hey, IRS, you should probably come look at me,’ that’s what we do.”
‘He talked about celebrity involvement in this field, i think of kim kardashian and floyd mayweather, who recently found themselves in hot water for promoting an allegedly fraudulent token called ethereum.
During the event, Korner stated the reason the division was actively training and educating its agents on crypto and NFT regulation, was because “this space is the future” and wasn’t going anywhere.
'We are not necessarily out looking for celebrities.
Related: Crypto crime’s overall impact set to fall even further in 2022: Chainalysis
IRS investigators seized $3.5 billion worth of cryptocurrencies tied to financial crimes during the fiscal year 2021. Korner also testified that the irs has co-operated with other federal agencies, including the justice department to "make sure everyone is on the same page and stays ahead of the criminals," he said.
Korner also indicated that the irc has collaborated with other federal agencies, including the justice department to "make sure everyone is on the same page and stay ahead of the criminals," he said.
