IRS Crypto Chiefs Bail After Secret DOGE Paydays—Regulators Left Holding the Meme Bag

Top IRS crypto enforcers quietly exited—with their pockets lined in Dogecoin. The ’joke’ currency just got the last laugh.

Who needs pensions when you’ve got moonbags? Two senior IRS policy leaders resigned abruptly after accepting undisclosed DOGE payouts—call it a ’voluntary compliance adjustment.’

Meanwhile, the SEC scrambles to rewrite rules using a 90s-era playbook. Wall Street bankers still get golden parachutes; crypto cops get meme-fueled escape rockets.

Seth Wilks and Raj Mukherjee, two key cryptocurrency policy leaders at the U.S. Internal Revenue Service (IRS), have resigned after accepting government-offered “DOGE Deferred Exit Deals.” Both joined the IRS in 2024 from the crypto industry, playing vital roles in shaping the agency’s crypto tax policies and developing the new 1099-DA tax form. Their departure marks a shift in leadership as the IRS continues to refine its approach to cryptocurrency taxation.