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US IRS Can Issue Summons to Bank Serving Crypto Broker SFOX Customers in Search of Tax Evaders

The John Doe summons will require M.Y. Safra Bank to provide information about SFOX customers who used the bank and may owe taxes on crypto transactions.

IRS headquarters in Washington, D.C. (Zach Gibson/Getty Images)
IRS headquarters in Washington, D.C. (Zach Gibson/Getty Images)