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IRS warns crypto holders of fake letters
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The Internal Revenue Service's Criminal Investigation unit issued a fraud alert Thursday warning about fraudsters who are targeting cryptocurrency holders with convincing fake IRS letters directing recipients to register for a nonexistent "Digital Asset Compliance Portal."
Processing ContentIRS-CI noted that the letters do not come from the IRS, and the IRS doesn't operate a Digital Asset Compliance Portal.
Victims receive what appears to be an official IRS letter claiming they need to enroll in a "Digital Asset Compliance Portal" before a deadline.
The site may ask for personal information, cryptocurrency wallet information, exchange account credentials, or other sensitive data that criminals can use to steal identities or digital assets.
IRS-CI noted that fraudsters increasingly use convincing websites, official-looking letters and urgent deadlines to trick victims.