IRS Focusing on Potential Illicit Activities Facilitated by Bitcoin ATMs: Official
Bloomberg Law reported on Nov. 15 that investigators at the Internal Revenue Service (IRS) are focusing on so-called BTMs and crypto kiosks and their potential to facilitate illicit activity such as tax evasion or money laundering.
John Fort, the IRS’ criminal investigation chief, told Bloomberg the IRS is working with other law enforcement agencies on the effort.