An upcoming international criminal tax investigation coordinated by the Joint Chiefs of Tax Enforcement—or the J5—will focus on cryptocurrency and the financial technology industry. The J5 is a collaboration among the revenue authorities of Australia, Canada, the Netherlands, the U.K., and the U.S. formed in 2018 that leverages the agencies’ collective resources to target financial crimes. This forthcoming effort announced on February 4 marks the J5’s first focus on the broader FinTech industry.

Please click here to view the full article. To learn more about Ropes & Gray’s FinTech practice, please click here.