IRS Asks Court to Reject Protest Filing From Coinbase Customer
The IRS has asked a district court in California to dismiss a filing by a Coinbase customer that might prevent it from gaining access to the company's user data. Filed in the US District Court of Northern California (which oversees the city of San Francisco where Coinbase is headquartered), the new documents request the filing be dismissed on the grounds that the request was only for unidentified users of Coinbase. In the process of filing his documents to prevent the search, so goes the IRS argument, lawyer Jeffrey K Berns of the Berns Weiss law firm had revealed himself as a user, and as....
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An attempt by the IRS to obtain user records from digital currency exchange Coinbase just got more complicated. Court documents filed in the District Court for the Northern District of California this week show that lawyers for the California-based startup have filed to officially intervene in the case. The US Internal Revenue Service (IRS) launched its case in late November, seeking court approval for a subpoena that would allow it to obtain information on US users (and, in its eyes, potential tax cheats) who used the service between 2013 and 2015. A month later, Coinbase customer Jeffrey....
Coinbase officially entered the fray in a court case over its user records earlier this month – and now the IRS is fighting back. In a 25th January court filing, lawyers for the US government argued that the San Francisco-based startup has no standing to intervene in the so-called "John Doe" summons case, through which the IRS is seeking bitcoin user records in a bid to identify potential tax cheats. The case, which saw Coinbase customer Jeff Berns file his own intervention effort late last year, has drawn harsh criticism from digital currency advocates amid accusations of....
This month the U.S. Internal Revenue Service (IRS) recently sought out a continuation of its court hearing with Coinbase. The initial hearing was scheduled to be held on February 16, but the tax agency now wants to postpone the hearing until March 23. The case will also begin with a motion from a former Coinbase customer concerning the tax agency’s....
A Coinbase customer has gone to court to stop the Internal Revenue Service from subpoenaing user data from the bitcoin and ether exchange startup. According to new filings dated 13th December, Los Angeles-based lawyer Jeffrey Berns has disputed the legitimacy of the IRS effort to obtain two years’ worth of user records. The IRS pursuit of a ‘John Doe’ summons, begun last month, was approved by US Judge Jacqueline Scott Corley on 30th November. Berns – who is being represented by the firm for which he is a managing partner, according to LinkedIn – is asking the court to invalidate its....
Per a Reuters report, the US Securities and Exchange Commission (SEC) has urged a federal judge to reject Coinbase’s motion to dismiss the regulator’s lawsuit against the prominent cryptocurrency exchange. The SEC’s action disputes Coinbase’s reliance on a recent court ruling involving Ripple Labs, emphasizing a subsequent ruling in the Terraform Labs case that differs […]