My frustration is that the company I use to buy specifically for my Bitcoin IRA - that I appreciate for education they give to community  - will not support a multi-sig for IRA funds because of the McNulty case which led to hefty "early withdrawal" penalties for the defendant...even though she could account for every gold bar in her possession (none had been sold).

Unchained supports multi-sig for IRA because they argue McNulty did not set precedent for digital assets.

Multi-sig would allow a 3rd party to monitor whether that Bitcoin has moved and triggered an early withdrawal taxable event while still giving the owner the keys to their bearable asset.

Hate the IRS, but wish they provided some guidance on this versus me taking the risk of multi-sig and getting surprised. This other provider is trying to "do right by their clients", but it does keep the risk that someone else holds your keys (at least it isn't an exchange).