The IRS announced that it had frizzed $1.3 billion worth of crypto in the fiscal year of 2021.
the figure which is on the high side against the pervious year.
report by CNBC, shows that the U.S. government has impound a huge amount of bitcoins.
The report stated that the U.S government has been highking its scrutiny of cryptocurrencies and consequently freezing more of them.
KEY NOTE
The Internal Revenue Service(IRS) said earlier this year it have lay hold of $1.3 billon worth of bitcoin
united state government said it have impounded 180,000% crypto currency this year more than it did last year.
Koopman Jarod, Director of the IRS cybercrime unite Speaking to CBNC stated that , in the year 2019,r united state government have sized $800,000 worth of crypto currency in 2020 $138 millions worth if it was sized and $1.2 billions worth of crypto have also been sized he said.
The U.S government has auctioned bitcoins, at a very low prices
it will sell $55 million in crypto-related to Bitconnet case in its next sell out, the founds will be used to compensate the victims of the tragedy
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