Attention Coinbase customers: The IRS may soon know you purchased Bitcoin

IRS Not Infringing Privacy Requesting Crypto Exchange Data: US Judge

"A California federal court has affirmed the validity of the United States Internal Revenue Service’s (IRS) request for data from crypto exchange Bitstamp in connection with an individual tax reporting case.

" Per a Nov. 25 filing, the court has found that five of the six arguments presented against the IRS “lack merit,” but has conceded on one point that the tax agency’s summons was indeed overbroad, as the Petitioner contended."​
 

Attachments

  • gov.uscourts.wawd.276404.38.0_1.pdf
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