IRS의 대상인 Kraken 투자자
Investors in one of the largest digital currency exchanges, Kraken, have been targeted by the IRS.
The agency initiated the "John Doe Summons" requesting data on clients who made deals in the amount of at least 20,000 between 2016 and 2020. According to the US DOJ, the federal court issued a ruling this Wednesday, and its representatives were quick to make a reservation that this does not mean that Kraken is accused of wrongdoing by its management or clients.
Gathering information under a “subpoena” means that the judicial authority intends to make sure that none of the users tradings on the exchange are involved in money laundering and that they all comply with tax obligations, like any taxpayer in the United States. This was announced by Acting Assistant Attorney David Hubbert.
In addition to comprehensive information on the tax liabilities of clients, the court also requested data on the compliance of crypto exchanges with the rules in larger financial transactions within the framework of its business.
In recent years, this is not the first "sign" from the IRS for all US residents who still trying to dodge paying taxes. The agency has even begun partnering with private contractors as part of its global mission. The ecosystem of cryptocurrencies is still a mysterious area for them with crazy profitability. Therefore, further proceedings in the classification of cryptoassets and an increase in tax payments are unlikely to be coming. Especially if other American regulators join this process.
Another American exchange, Coinbase, was quick to warn its customers that they need to accurately record the number of transactions and follow local laws.