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A Tribute to Whistleblowers: Bitcoin Billionaire to pay $40 Million to Settle Tax Evasion Suit https://t.co/p5KvV2qlIJ #Tax #Whistle #Criminal @quitamattorney https://t.co/49XuPXuU78
The Biden admin committed billions in new IRS funding to tackle major tax evasion by large corporations and the ultrawealthy. But there's a disconnect: IRS upper management often does not support these cases, according to new reporting: https://t.co/kQoTq9nPsd @ICIJorg

FTX, a bankrupt crypto exchange, requested a US judge to halt external lawsuits against company insiders and venture capital firms to aid customer repayments. FTX settled a $24 billion IRS claim for less, enabling significant customer recoveries. Despite generous bankruptcy payouts, some creditors remain dissatisfied. FTX debtors seek to probe balance sheet discrepancies at FTX US.