New Civil Liberties Alliance Challenges IRS Collection Of Private Crypto Inve...
If you’re a bitcoin trader or investor, you’ve probably traded on multiple cryptocurrency exchanges and, for the most part, trusted that those exchanges are keeping your data secure from unlawful data collection just like a bank or credit card provider would. Unfortunately, that doesn’t seem to be the case. On July 15, 2020 (Tax Day this year), New Civil Liberties Alliance (NCLA) filed a lawsuit on behalf of James Harper against the IRS, challenging the agency’s unlawful collection of private cryptocurrency information. Harper decided to take this action against the IRS after....
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The New Civil Liberties Alliance has objected to FinCEN’s proposed crypto wallet rule, calling it “unlawful.” In addition, the group says that the U.S. Treasury’s “planned ‘crackdown’ on cryptocurrency holders’ private wallets is an unconstitutional power grab.” FinCEN’s Proposed Crypto Wallet Rule Is Unlawful, Says NCLA The New Civil Liberties Alliance (NCLA), a nonpartisan, nonprofit civil rights group, filed its comments on Monday objecting to FinCEN’s proposed rule, entitled “Requirements for Certain Transactions....
The U.S. CBDC could be a route to civil liberty erosion — the same liberties that Bitcoin inherently protects.
US presidential candidate Robert F. Kennedy Jr. has emerged as a fervent advocate for Bitcoin, elevating the cryptocurrency into the realm of civil liberties. Characterizing himself as a “lifelong defender of civil liberties,” Kennedy passionately endorsed the crypto as a manifestation of the very freedoms he holds dear. With the impending presidential election looming, Kennedy […]
In what civil liberties groups are claimed as a power grab, the FBI is attempting to persuade an ambiguous regulatory body in Washington to change its rules of engagement. The changes would give the FBI to seize significant new powers, allowing them to hack into computers and carry out surveillance of computers both in the U. S. and around the world. Also read: Mozilla Firefox Internet Browser Doubles-Down On Internet Privacy By Partnering With Tor Project. Opposition to the Proposed Amendment. According to civil liberties group, the FBI is attempting to enlarge its power while staying out....
On Friday, the public interest law firm New Civil Liberties Alliance (NCLA) filed an opening brief in the cryptocurrency case of James Harper v. Charles P. Rettig. The NCLA argues that Harper’s Fourth and Fifth Amendment constitutional rights were violated by the Internal Revenue Service (IRS). The U.S. tax agency is accused of obtaining Harper’s information from crypto asset exchanges without valid subpoenas or statutory limitations. IRS Accused of Accessing American Citizens’ Private Information Without Following Statutory Limitations on Power to Issue Subpoenas The....