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In a landmark ruling that could ripple through the crypto market, the judiciary has backed the Internal Revenue Service’s (IRS) power to procure personal data from Coinbase. This decision spotlighted the stringent authority the IRS commands in its pursuit of tax compliance.
It is a striking tale of the powerplay with the IRS emerging victorious against a crypto user’s privacy infringement claims.
IRS’s Powers Affirmed in Coinbase User Data Controversy
In a court session, District Court Judge Joseph N. Laplante dismissed the objections presented by James Harper, who argued against the...…In a landmark ruling that could ripple through the crypto market, the judiciary has backed the Internal Revenue Service’s (IRS) power to procure personal data from Coinbase. This decision spotlighted the stringent authority the IRS commands in its pursuit of tax compliance.
It is a striking tale of the powerplay with the IRS emerging victorious against a crypto user’s privacy infringement claims.
IRS’s Powers Affirmed in Coinbase User Data Controversy
In a court session, District Court Judge Joseph N. Laplante dismissed the objections presented by James Harper, who argued against the...WW…
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