The IRS Is Offering You $625,000 to Crack Monero

The Federal agency is inviting participants to try and break the Monero network’s famed level of privacy

The US Internal Revenue Services (IRS) will pay out up to $625,000 for anyone who cracks the untraceable cryptocurrency Monero, and other privacy coins, according to an official proposal published last week.

“IRS-CI is seeking a solution with one or more contractors to provide innovative solutions for tracing and attribution of privacy coins, such as expert tools, data, source code, algorithms, and software development services,” said the proposal.