Saturday, December 02, 2017

IRS to Obtain Identities of 14,355 Cryptocurrency Users. Users who bought, sold, sent or received more than $20,000 worth of digital currency targeted.

Infowars reports:
A court in California ordered a cryptocurrency exchange to hand over the identities of thousands of users this week to the Internal Revenue Service (IRS).

Coinbase, one of the internet’s most popular sites for selling and buying digital currencies such as Bitcoin, must give the federal government the names, birthdates, addresses and account activity of 14,355 users.

Although the IRS originally attempted to obtain records for every user on Coinbase, the year-long court battle ended with users who bought, sold, sent or received more than $20,000 worth of cryptocurrency being targeted.
Bitcoin getting the attention of the IRS.