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29 September 2020

IRS to Pay $625K to Crack Monero, Crypto Proponents Scoff at Contract | Bitcoin News

IRS to Pay $625K to Crack Monero, Crypto Proponents Scoff at Contract | Bitcoin News


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IRS to Pay $625K to Crack Monero, Crypto Proponents Scoff at Contract.

Internal Revenue Service (IRS) wants to pay a contractor $625,000 if they can crack layer-two privacy schemes and the privacy-centric crypto asset monero (XMR).

“Currently, there are limited investigative resources for tracing transactions involving privacy cryptocurrency coins such as monero, Layer 2 network protocol transactions such as Lightning Labs, or other off-chain transactions that provide privacy to illicit actors,” the IRS contract offer notes.

tax agency for looking into monero, while they should really look into the felonious operations tethered to the U.S.

What do you think about the IRS wanting to crack monero and layer-two privacy-centric transactions.

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