Justice Department AG Claims US Gov, IRS Has Tools To Track Bitcoin Users

The Justice Department assistant attorney general has warned that the US government, notably the IRS, has developed tools to track blockchain transactions and tie it to their source. Over $2 Million in Bitcoin Seized in Social Media Terror Fundraising Scheme, Ties to Hamas, Al Qaeda, and ISIS Today, the United States government revealed the results of a multi-agency sting, related to cryptocurrencies like Bitcoin being used to fund terrorist organizations.

Related Reading | Former DoJ Prosecutor Turned Crypto VC: Bitcoin Helped Fight Crime “By raising cryptocurrency on social media, these terrorists tried to bring terrorist financing into the current age. Justice Department: The US Has Tools To Track Blockchain Transactions Back to Crypto Holders The assistant Justice Department AG claims that the United States government in partnership with the Internal Revenue Service has developed tools to track blockchain transactions back to the source user.

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