The U.S. Internal Revenue Service (IRS) has sought permission from the court to enforce its “user information and tax obligations” appeal against crypto exchange Kraken and its affiliates.
In the petition filed by the IRS to the court on February 9, it is stated that as of 2016, those who transacted with Kraken Identity of US people and federal gelyre tax liability He requested permission for a comprehensive investigation to determine
The IRS issued a subpoena in 2021, deducting it from the stock market.2016, 2017, 2018, 2019 and 2020″ through the years $20,000 He said he wanted information about users or users who made crypto transactions on them, but Kraken did not comply.
In the latest petition filed by the IRS to the court, Kraken’s managing company, Payward Ventures‘s long time that you did not provide the required documents Notable details included:
Despite negotiations between the parties, Payward Ventures Inc. and its subsidiaries did not comply with the subpoena and did not provide the requested records, documents, and other data. Payward Ventures Inc. and Subsidiaries’ non-compliance with the subpoena has continued to the present day.
In the statement from the Kraken front, it was stated that the company had not yet been notified of the petition, but was aware of the summons.
On the other hand, Kraken, under its agreement with the SEC staking services to terminate and 30 million dollars agreed to pay the fine.