|Title||Coinbase Ordered to Report 14,355 Users to the IRS|
|Date||Tuesday December 05 2017, @10:22AM|
|from the tax-man-cometh dept.|
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.
printed from SoylentNews, Coinbase Ordered to Report 14,355 Users to the IRS on 2018-07-18 23:31:24