IRS issues rare apology to billionaire Ken Griffin over tax records leak

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IRS issues rare apology to billionaire Ken Griffin over tax records leak
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The apology is part of a settlement to a lawsuit filed against the IRS in 2022 by Griffin, founder and CEO of Citadel, alleging that an employee at the agency illegally leaked his tax returns to th…

The Internal Revenue Service issued a rare apology to billionaire investor Ken Griffin over the leak of his tax returns to the press.In 2021, ProPublica also published other billionaires’ tax information, including Tesla CEO Elon Musk , Amazon founder Jeff Bezos and real estate mogul Stephen Ross, in a 2021 series called “The Secret IRS Files.

“He violated the terms of his contract and betrayed the trust that the American people place in the IRS to safeguard their sensitive information,” the IRS said in a statement.Charles Littlejohn accessed the tax data through an IRS database and uploaded it to a private website to avoid the agency barrier preventing large downloads.ProPublica published other billionaires’ tax information as well, including Tesla CEO Elon Musk, Amazon founder Jeff Bezos and real estate mogul Stephen Ross.

“I am grateful to my team for securing an outcome that will better protect American taxpayers and that will ultimately benefit all Americans,” Griffin said in a statement to multiple news outlets, including CBS and FOX, Tuesday.

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