Irs Escalates Hunt For Bitcoin Users In Coinbase Summons Case

19 Nov 2016.

The I.R.S. has asked Coinbase, the largest Bitcoin exchange in the United States,

SAN FRANCISCO — The Internal Revenue Service is on the hunt for.

Doe summons, said that an I.R.S. agent recently found three cases in.

3 Jan 2017.

The IRS is pursuing Coinbase account data and is likely to get it, despite the current legal wrangling over the IRS Summons. Are Bitcoin.

29 Nov 2017.

The IRS has notched a win in its battle for data from Coinbase.

The case began in November of 2016 with a request filed on behalf of the IRS to serve a "John Doe" summons on all U.S. Coinbase customers who transferred Bitcoin,

Further, the IRS argued that some users of cryptocurrency "have openly.

“Coinbase is the largest U.S. exchange of bitcoin into dollars with at least 5.9 customers served and 6 billion in transactions,” the court wrote, “while only 800 to 900 taxpayers a year.

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<img src='' alt='WARNING! Coinbase Exodus Happening.

(Selling Data To DEA & IRS)’ class=’alignleft’>The United States Internal Revenue Service (IRS) has argued that its summons on major American crypto exchange Coinbase is indeed legitimate in a recent filing.Per a Nov. 15 filing, the U.S. tax agency told a California federal court that its investigation of Coinbase customer William Zietzke is completely legitimate. Zietzke claims summons was issued outside IRS’s.

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29 Nov 2017.

Coinbase boasts nearly 6 million customers, but according to a government filing, fewer than 1,000 US citizens have reported cryptocurrency.

The IRS suspects that either intentionally or unintentionally, many taxpayers are not reporting their bitcoin gains. To help find such taxpayers, it issued a John Doe summons against Coinbase, a leading bitcoin firm, for extensive information on its users. Coinbase objected, but a federal court has now ordered it to comply. The IRS did not get access to all the information that Coinbase has on.

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