On today's episode of The Cryptoverse:
The IRS can now serve bitcoin and ether exchange startup Coinbase with a summons for information about its users, a federal judge ruled today.
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Sources:
Original Article on CoinDesk
Link to Coinbase Will Take IRS to Court Over Consumer Privacy Attack (The Cryptoverse #149)
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Of course they did... the judiciary is owned by the Bank/State.
Well time to look elsewhere for an exchange.
kyusho I was thinking the very same thing. up voted and followed you I like the way you think
marketingmonk I have been enjoying your work and have been following you for some time now
This was just a matter of time. What'll be interesting is how the IRS handles BTC --> other crypto transactions? Does buying BTC in Coinbase and then using it to buy Monero count as a capital gain event, or will they consider crypto its own blanket asset?
Well I guess you'd have to explain where the BTC went when you bought Monero. Or perhaps what you did with the Monero after you bought it.