Can the IRS Track Crypto Stored in a Ledger Hardware Wallet?

Last year, 2021, on tax fraud-related cases, the IRS seized $3.5 billion in cryptocurrency which amounted to 93 percent of what the Criminal Investigation unit seized in total. 

The Ledger wallet has proven to be a very secure wallet to store crypto offline. But does this keep the said assets from the reach of the IRS or can the IRS track crypto stored in a Ledger hardware wallet? This article gives a detailed explanation as you read further.

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