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Coinbase Challenges IRS Crypto Surveillance

Coinbase Challenges IRS Surveillance in Supreme Court Case

  • Coinbase filed an amicus brief in Harper v. O’Donnell, urging the U.S. Supreme Court to reconsider digital privacy laws.
  • The case questions the application of the third-party doctrine, which dates back to the 1970s.
  • In 2016, the IRS issued a John Doe summons to Coinbase for data on over 14,000 users.
  • The IRS also targeted Kraken and Circle with similar summonses in 2021.
  • Coinbase argues this practice violates Fourth Amendment rights by monitoring crypto transactions without a warrant.

Coinbase’s brief highlights concerns about privacy infringement through IRS-issued John Doe summonses, affecting over 14,000 users by accessing their crypto transaction data without specific warrants.

Source (2.6)https://decrypt.co/317114/coinbase-supreme-court-end-irs-surveillance-crypto-exchanges?rand=52368
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