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Brazilian Tax Watchdog Uses AI Tool to Identify Operations Linked to Over $180 Million in Crypto-Related Tax Fraud

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Brazilian Tax Watchdog Uses AI Tool to Identify Operations Linked to Over 0 Million in Crypto-Related Tax Fraud
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Source: Bitcoin.com

Brazilian Tax Watchdog Used AI Tool to Identlfy Operations for Over $180 Million in Crypto-Linked Tax FraudThe Federal Revenue Service, the Brazilian tax watchdog, recently revealed that it has been using an in-house tool that leverages AI to detect money laundering and tax evasion transactions involving crypto. The tool has already been proven useful in identifying over $180 million in funds involved in the illicit usage of cryptocurrency. Brazilian Tax Watchdog […]

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Author: Sergio Goschenko

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