Leonardo
Tue Jul 16 2024
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5 answers
1510
Did the IRS order Coinbase to turn over data?
Has the Internal Revenue Service (IRS) issued an order compelling Coinbase, a leading cryptocurrency exchange platform, to disclose user data? If so, what specific data was requested, and what legal basis did the IRS cite for its request? Were the data requests made through formal legal processes such as subpoenas or summonses? Additionally, how has Coinbase responded to these data requests, and has the company raised any concerns or challenges regarding the scope or legality of the IRS's demands? The answers to these questions are crucial in understanding the current state of regulatory oversight in the cryptocurrency space and the potential implications for users' privacy and data security.
