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Title    Coinbase Ordered to Report 14,355 Users to the IRS
Date    Tuesday December 05, @10:22AM
Author    janrinok
Topic   
from the tax-man-cometh dept.
https://soylentnews.org/politics/article.pl?sid=17/12/04/183241

An Anonymous Coward writes:

The Verge reports

[On November 29], Coinbase suffered a major defeat at the hands of the Internal Revenue Service, nearly a year after the case was initially filed. A California federal court has ordered Coinbase to turn over identifying records for all users who have bought, sold, sent, or received more than $20,000 through their accounts in a single year between 2013 and 2015. Coinbase estimates that 14,355 users meet the government's requirements.


Original Submission

Links

  1. "The Verge reports" - https://www.theverge.com/2017/11/29/16717416/us-coinbase-irs-records
  2. "after the case was initially filed" - https://www.theverge.com/2016/11/30/13799638/coinbase-bitcoin-tax-fraud-investigation-irs
  3. "Original Submission" - https://soylentnews.org/submit.pl?op=viewsub&subid=23653

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printed from SoylentNews, Coinbase Ordered to Report 14,355 Users to the IRS on 2018-01-22 18:00:16