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The IRS is now faced with a class-action lawsuit that can stop its move to access Bitcoin users’ info on Coinbase.
Expert wants Bitcoin encrypted for investors in AML/KYC startups to lose their investments.
In a precedent-setting victory for the United States tax authorities, a California federal court has ruled in favor of the IRS serving Coinbase Inc. with a “John Doe” summons.
The US government is seeking the identity of Coinbase users for tax purposes, sparking fears that Bitcoin’s anonymity may be compromised.
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