📌 IRS, Chainalysis to Trace $4M Bitcoin Profits In Crypto Tax Evasion Case – The Internal Revenue Service (IRS) secured its first criminal crypto tax evasion conviction focused solely on cryptocurrency transactions. Texas resident Frank Richard Ahlgren III was sentenced to two years in prison and restitution of $1,095,031. The case, supported by Chainalysis blockchain
$BTC
IRS secures its first criminal crypto tax evasion conviction focused solely on #Bitcoin transactions. Texas resident Frank Richard Ahlgren III gets 2 years in prison and must pay $1,095,031 in restitution. #Chainalysis aided in tracing $4M in #BTC profits. #CryptoNews #Macro Insights#