18 Nov '16, 6pm

Bitcoin Anonymity Over? United States Government Seeks Identity, Transaction Records of Coinbase Users

The U.S. government is seeking the identity of Coinbase users for tax purposes, sparking fears that Bitcoin’s anonymity may be compromised. According to a legal summons filed in the Northern California District Court, the U.S. Internal Revenue Service (IRS) seeks to identify several Coinbase users and their financial activity, based on evidence that they may have violated U.S. tax laws: “Based upon a review of the petition and supporting documents, the Court has determined that the “John Doe” summons to Coinbase, Inc. relates to the investigation of an ascertainable group or class of persons, that there is a reasonable basis for believing that such group or class of persons has failed or may have failed to comply with any provision of any internal revenue laws, and that the information sought to be obtained from the examination of the records or testimony (and the identiti...

Full article: https://cointelegraph.com/news/bitcoin-anonymity-over-uni...

Tweets

IRS seeks customer identities of ALL @coinbase ...

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A joint venture of Think Computer Corporation and Think Computer Foundation , a 501(c)(3) non-profit organization. Non-Gov...

The IRS is Targeting Bitcoin Transaction Record...

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Twitter Linkedin Facebook Reddit Weibo T ransaction records of Coinbase users, specifically bitcoiners, have been targeted...

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