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

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.

About the author: Dissent

Comments are closed.