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

Posted on November 18, 2016 by Dissent

Well, this might be a game-changer for some if the government prevails. Joël Valenzuela reports:

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:

Read more on Cointelegraph.

Related posts:

  • IRS’s Top 10 Identity Theft Prosecutions
  • IRS’s Top Ten Identity Theft Prosecutions
  • Coinbase says hackers bribed staff to steal customer data and are demanding $20 million ransom
  • Court Authorizes Service of John Doe Summons Seeking the Identities of U.S. Taxpayers Who Have Used Virtual Currency 
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