I guess the FBI is already after bitcoin for many years now. Since the beginning of the Silk road crimes related to bitcoin were taking place over all and I guess FBI would have been after bitcoin since then. Though the crimes related to bitcoin might have reduced now, it surely would be in the blacklist of FBI.
I don't think crypto investors should have to worry about their investments if they are showing their earnings to the government.
So as long as you are not doing anything illegal then you are good to go.
Absolutely right! There are two parts of the story really. The first step is IRS who ensures that people declare their crypto holdings and pay taxes on it. The second part is FBI who ensures any illegal things are investigated and the criminals are caught. But if a normal person is declaring their crypto income to the government, there's very little FBI can do against that person.
So for a common man, there's nothing to worry. But yes, if you have done something illegal using cryptocurrency, then you can fear about upcoming bad time.
FBI knows it very well that they can't stop or control cryptos. If it was within their reach, they would have done it already. They can only find out anomalies and wrongdoings!