Citadel founder Ken Griffin had alleged the agency bore responsibility for the disclosure by an outside contractor.
The agency denied responsibility for the leak, while apologizing to the victims. | Brendan Smiaklowski/AFP via Getty ImagesThe IRS on Tuesday said it “sincerely apologizes” to billionaire investor Ken Griffin and thousands of other wealthy people whose private tax information was leaked to the news media by a former contractor.
In its statement, the IRS also said it was improving its privacy protocols to address “potential weaknesses” following the leak by Charles Littlejohn, which also snared former President Donald Trump. “Accordingly, the IRS assures Mr. Griffin and the other victims of Mr. Littlejohn’s actions that it has made substantial investments in its data security to strengthen its safeguarding of taxpayer information.”
Griffin, founder of the hedge fund Citadel, did not receive any money as part of the settlement. He dropped his previous demand for $1,000-per-unauthorized disclosure in damages that’s allowed under the law.
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