IRS Spotlights Its Top Сrypto-Related Cases
The U.S. Internal Revenue Service’s Criminal Investigation division has released its Top-10 list of the most prominent and high-profile cases of 2023, with nearly half involving cryptocurrencies.
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The U.S. Internal Revenue Service's Criminal Investigation division has released its Top-10 list of the most prominent and high-profile cases of 2023, with nearly half involving cryptocurrencies.
Silk
Road Bitcoin Theft: James Zhong, associated with the 2012 theft of
50,000 BTC from Silk Road, was apprehended a decade later with over $3
billion in cryptocurrency concealed in a safe and a popcorn tin.
Oyster
Pearl Scheme by Bruno Block: Amir Bruno Elmaani, the creator of Oyster
Pearl, received a 48-month prison sentence and was ordered to pay $5.5
million as restitution for tax evasion.
Bitcoin
Money Laundering Scheme: Ian Freeman received an eight-year prison
sentence for money laundering through Bitcoin kiosks and tax evasion
from 2016 to 2019.
OneCoin
Fraud: Karl Sebastian Greenwood, a co-founder of OneCoin, faced a
20-year prison sentence for defrauding investors of $4 billion using a
cryptocurrency that was never actually launched.
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