IRS Crypto Chief Trish Turner Resigns Abruptly After Brief Tenure—Regulatory Shakeup Sparks Market Speculation

Another one bites the dust—Trish Turner, the IRS’s top crypto executive, just walked away after barely warming her seat.

Regulatory Roulette

The resignation drops as the agency scrambles to keep pace with crypto’s explosive growth—and its notorious tax evasion potential. Turner’s exit leaves a leadership vacuum right when clarity is needed most.

Policy Whiplash

Her short stint saw aggressive moves toward tighter oversight—now the strategy’s up in the air. Will the next appointee ease up or double down? The crypto world’s watching, wallets held breath.

Market Ripples

Uncertainty’s crypto’s favorite fuel—this shakeup might just pump volatility back into the charts. Traders love chaos; accountants? Not so much.

Another regulator cycles out—maybe they finally realized chasing decentralized money with paper forms is like bringing a knife to a laser fight.

Private sector move shows crypto industry shift

Turner will join cryptocurrency tax firm Crypto Tax Girl as tax director, according to Bloomberg Tax reporting and confirmation from the company’s founder, Laura Walter.

“With all of the big crypto tax and compliance changes on the horizon, we are excited to have Trish on board to help advise our clients.”

Turner mentioned that she plans to continue working on digital asset tax issues from the private sector and also build connections between industry participants and regulators.

Crypto division faces continued instability

Turner’s brief tenure continues a pattern of leadership changes within the IRS’s crypto unit. She replaced Sulolit “Raj” Mukherjee and Seth Wilks, two private-sector experts who departed after roughly one year leading the digital assets division.

The transition comes as the agency faces pressure to develop comprehensive frameworks for digital asset compliance.

The Department of Government Efficiency proposed a 20% reduction in the IRS workforce in March, which affects the agency’s ability to maintain specialized cryptocurrency expertise.

The IRS’s supervisory duties regarding cryptocurrencies have become more complex in light of recent events. On July 4, the Treasury Inspector General for Tax Administration suggested changes to the way the criminal investigation division handled digital assets.