On April 6, 2022, Decrypt published an article by Counsel Nicholas Mowbray titled “The IRS’s ‘Operation Hidden Treasure’: What it Means for Crypto Holders.” In the piece, Mowbray explained that the IRS is training its agents and compliance personnel to uncover and analyze taxpayers’ crypto-related transactions and assets in an expansion of its efforts to go after taxpayers who under-report.
Read the article.