According to Chainalysis CEO Michael Gronager, government prosecutors and taxation authorities are expected to utilize artificial intelligence to analyze the blockchain and combat crime within the next five years. Gronager believes that AI agents could efficiently sift through the blockchain for governments, making crypto the preferred method for solving crimes due to its scalability, transparency, and international accessibility. By automating investigations with AI, Gronager suggests it would prevent overlapping efforts by different departments. While AI could potentially identify crypto tax evaders, Gronager warns that advancements in crypto tax tools and legal expertise may eliminate this loophole. Despite challenges posed by privacy tokens like Monero, the use of AI by tax departments is increasing to track potential tax evaders. Chainalysis reported significant funds transferred from illicit wallets to crypto exchanges since 2019, indicating a growing concern for crypto-related crimes. Read more AI-generated news on: https://app.chaingpt.org/news