Bringing Crypto into Compliance: The IRS-CI on Compliance Efforts, Emerging Trends & What's Next - Home
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Tune in on May 29, 2024 at 2:00PM EST

As the use of cryptocurrencies such as Bitcoin, Ethereum and Binance Coin have become more commonplace, so has crypto-related crime. As a result, the IRS has made digital assets such as cryptocurrency one of its priority areas for focus. Join us for a live webcast with Jarod Koopman, Executive Director of Cyber and Forensic Services for IRS-Criminal Investigation, and Don Fort, Chief Business Officer for IVIX and former Chief of IRS-Criminal Investigation, as they discuss emerging trends in crypto-related crime, and the IRS’ response:

·An update on the crypto landscape

·Compliance efforts & developments from IRS-CI

·The evolving role of crypto in crime

·Recent case successes in Tax and Money Laundering crypto investigations

·The role of partnerships with government and private industry partners

·What’s next for IRS-CI and crypto  

Speakers

Jarod Koopman

Executive Director of Cyber and Forensic Services

IRS-Criminal Investigation

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Jarod Koopman

Executive Director of Cyber and Forensic Services

IRS-Criminal Investigation

Jarod Koopman was named the Executive Director of Cyber and Forensics for IRS-Criminal Investigation in June 2021. In this capacity, Jarod established a new investigative section within CI and continues to focus priority on cybercrime and digital forensics. His primary function is the oversight and management of all cyber-related activities at a global level. This consists of close interaction with public/private sector, industry, and other law enforcement partners both foreign and domestic.
 
Jarod began his career in 2001 as a Special Agent in New York before being selected to the Accelerated Senior Leadership Program (ASLP) in 2011. As such, Jarod took multiple roles involving increasing levels of leadership – Supervisor (New York), Senior Analyst (Washington DC), Assistant Special Agent in Charge (Chicago), Special Agent in Charge (Detroit) and Director of Cyber Crimes (Washington DC).


Over the past eight years as the Director over Cyber Crimes, IRS-Criminal Investigation has continued to expand their capabilities and solidified its role as the prominent force in cryptocurrency tracing and dark web activities.


*Notable investigations include Liberty Reserve, Silk Road I and II, Alphabay, Hydra, Binance, Btc-e, Mt Gox, Welcome2Video,
OneCoin, Bitclub Network, Bitconnect, Helix, Bitcoin Fog, xDedic, North Korean Hack, Bitqyck, Bitfinex, Zhong, Backpage and
Samourai Wallet.

Don Fort

Chief Business Officer

IVIX

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Don Fort

Chief Business Officer

IVIX

Having spent nearly 30 years in law enforcement for the federal government, Mr. Fort has deep expertise in financial crimes, and has developed an extensive network of connections both within the government and in private industry. At IVIX he now works with tax authorities and law enforcement agencies around the world to develop and implement unique and innovative technology solutions to combat tax non-compliance and other financial crimes.


As Chief of IRS-CI from 2017 to 2020, Don led the sixth largest U.S. law enforcement agency, managing a budget of over $625 million and a worldwide staff of approximately 3,000, including 2,100 special agents in 21 IRS field offices and 11 foreign countries. Don’s time in law enforcement included overseeing investigations of some of the most significant financial crimes involving tax evasion, sanctions evasion, money laundering, bribery, international corruption, bank malfeasance, cyber and cryptocurrency crimes, and terrorist financing.


As both Chief and Deputy Chief of IRS-CI, he oversaw numerous high-profile matters, including the college admissions scandal known as “Varsity Blues” that ensnared several celebrities; the Paul Manafort and Michael Cohen federal tax investigations; the Michael Avenatti tax investigation; the takedown of the largest darknet child exploitation website funded by cryptocurrency; two Chinese nationals who were charged with laundering $100 million in the hack of a cryptocurrency exchange; the Swiss Bank Program in which 80 Swiss banks
entered into agreements with the government and paid $1.36 billion in penalties; the Federation Internationale de Football Association (FIFA) worldwide money laundering, structuring, and tax evasion matter; the Credit Suisse guilty plea, and many more.


Don began his IRS career in 1991 as a Special Agent in Baltimore, Maryland, and later served in numerous supervisory roles before entering the Senior Executive Service in January 2011, when he was appointed to serve as a Director of Field Operations. He held that position until his appointment as Deputy Chief, IRS-CI. In 2020, Don was the recipient of the ACAMS Public-Private Partnership Award.

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