Moonday Mornings: The US is suing a cryptocurrency exchange owner to the tune of $100M

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Moonday Mornings: The US is suing a cryptocurrency exchange owner to the tune of $100M

Good morning, and welcome to Moonday Mornings.

Let’s take a look at the Cryptocurrency and Blockchain headlines from over the weekend.

1. The US Internal Revenue Service (IRS) is going after digital asset traders and has begun sending them letters asking that they report their Cryptocurrency holdings and pay their taxes, CoinDesk reports. The IRS said the individuals targeted with the letters were identified “through various ongoing IRS compliance efforts.” Hide your Bitcoin people!

2. According to Gulfnews, the US is suing and seeking extradition of the Russian owner of a Cryptocurrency exchange (BTC-e) for violating the Bank Secrecy Act, and is attempting to recover $100 million in penalties. The Russian was charged in 2017 for stealing Bitcoin from other Cryptocurrency exchanges.

3. Co-owner of Polish Cryptocurrency exchange Bitmarket, Tobiasz Niemiro, has been found dead in a forest near his hometown of Olsztyn, Decrypt reports. The news comes less than a month after Bitmarket closed down on July 8 under “suspicious circumstances.” The exact details surrounding his death have not been confirmed.

4. A gang of two masked attackers held a 30-year old Cryptocurrency trader at g

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