
11-30-2017, 04:24 PM
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Banned
Join Date: Apr 2014
Posts: 5,957
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https://www.theverge.com/2017/11/29/...se-irs-records
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Today, 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. Coinbase estimates that 14,355 users meet the government’s requirements.
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Coinbase boasts nearly 6 million customers, but according to a government filing, fewer than 1,000 US citizens have reported cryptocurrency holdings on their taxes.
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who's ready for jail?
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