We learned about these steps from the official annual report and congressional budget, where the IRS describes how the new $ 32.3 million funding can improve and support the fight against money laundering and crypto tax evaders.

Congressional Budget Justification & Annual Performance Report and Plan

The funds are likely to be used to recruit additional experts in cybercrime, forensic accounting as well as cryptographic systems experts.

This demand comes at a time when US President Joe Biden is increasing his involvement in discussions about ransomware attacks. According to the latest information, Joe Biden plans to support the IRS with a financial injection of up to $ 80 billion over the next 10 years.