Tax evasion is one of three major ways bad actors use cryptocurrency, according to a new report from the Department of Justice.
The Attorney General’s Cyber Digital Task Force recently issued the report to outline the United States’ framework for enforcement against cryptocurrency-related crimes. The 83-page report also explains emerging threats, enforcement challenges and case studies.
Evasion of assessment is the most common type of tax evasion in the cryptocurrency world, the report states. Learn more.