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Fake IRS letters direct crypto holders to bogus compliance portal

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Fake IRS letters direct crypto holders to bogus compliance portal

Scammers are sending physical letters impersonating IRS notices to cryptocurrency holders, directing them to enroll in a fake Digital Asset Compliance Portal or face penalties. The IRS has warned that these letters are fraudulent and that the agency does not operate such a portal. Recipients should disregard the letters and not respond to the fraudulent directives.

Why it matters: Cryptocurrency holders and compliance officers risk falling victim to credential theft, malware, or financial loss if they interact with the bogus portal; practitioners should alert clients and staff to verify IRS communications through official channels.

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