IRS Wants to Break Privacy on Monero and Bitcoin’s Lightning Network | Crypto Briefing

Key Takeaways

  • The IRS is seeking contractors to provide a tool for tracing Monero and Lightning transactions
  • The IRS is offering $1 million in total to potential contractors who can break the privacy on these two protocols
  • The news comes just weeks after the Department of Homeland Security obtained a Monero tracing tool from analytics firm CipherTrace

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