IRS warns crypto holders about fake compliance portal scam

Fraudsters are mailing letters that direct cryptocurrency holders to a bogus “Digital Asset Compliance Portal” that mimics IRS.gov to collect personal information and digital asset credentials, the IRS said in a news release.

The letters claim that recipients must enroll in the portal and direct recipients to use a QR code to a fraudulent website, the IRS said. The site may seek personal information, cryptocurrency wallet information, exchange account credentials or other sensitive data.

IRS Criminal Investigation Chief Jarod Koopman urged taxpayers to verify the source of unexpected requests for personal information before responding and to report potential fraud to law enforcement. Learn how clients should respond to these fraud schemes.