Supreme Court asked to Reject Coinbase User’s Crypto Case

From Cointelegraph

May 31, 2025 2:59:00 AM:

The US government urges Supreme Court to reject Coinbase user’s challenge against IRS’s request for crypto transaction records. Harper voluntarily shared data with Coinbase. IRS obtained records through approved summons. IRS investigated tax underreporting on crypto gains in 2016. Coinbase faced lawsuits after disclosing data breach where attackers bribed customer support staff in India for sensitive user information. Stolen data included names, balances, and transaction histories. Approximately 1% of monthly transacting users affected. Magazine discusses why the law may not protect individuals in cases like this.

Read more at Cointelegraph: Supreme Court asked to Reject Coinbase User’s Crypto Case