US Internal Revenue Service Creates International Cryptocurrency Crime Division

As of June 2023, the US Internal Revenue Service, the IRS, will begin four divisions to fight crimes related to the cryptocurrency and cyber market.

The IRS’s Criminal Investigation sector is involved in creating new tools to fight hackers. Four agents trained in combating cybercrime are already being deployed for this, one for each region.

The measure, announced last Thursday (18), is expected to last 120 days, during which time agents will train local troops in advanced cryptocurrencies tracking techniques. In South America, the agent destined for the region will be located in Bogotá, Colombia.

New Global Cryptocurrency Crime Program Includes Training From the US IRS

US IRS agents will travel to Sydney (Australia), Bogotá (Colombia), Frankfurt (Germany) and Singapore for a period of 120 days, running from June to September 2023.

According to the head of IRS CI, Jim Lee, the experience the US has in fighting crime using such technologies deserves to be spread around the world.

“To effectively combat cybercrime, we need to ensure that our foreign counterparts have access to the same tools and experience that we have here in the United States. This summer, four of our most qualified Special Agents will be deployed to strategic locations across four continents to ensure we continue to build relationships and effectively fight cybercrime on a global scale.”

The international mission includes investigations targeting tax and financial crimes using cryptocurrency, decentralized finance (DeFi), P2P payments and blending services.

Qualified agents spread all over the world

The IRS-CI is the criminal investigation arm of the IRS, responsible for conducting investigations into financial crimes, including tax fraud, drug trafficking, money laundering, public corruption, healthcare fraud, identity theft, and more.

IRS-CI Special Agents are the only federal law enforcement officers with investigative jurisdiction over Internal Revenue Code violations, with a federal conviction rate of over 90%. The agency has 20 field offices in the US and 12 attaché posts abroad.

Stacey Perez, a cyber attaché based in Bogotá, Colombia, will be the agent responsible for conducting operations in South America. A special agent for the IRS-CI for more than a decade, Perez has conducted identity theft, money laundering and title 26 investigations as part of the agency’s Miami field office.

As of 2019, she mainly focuses on cyber money laundering and cross-border investigations. She is fluent in Spanish, well versed and has active licenses for several cyber investigation tools.

Source: Live Coins

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