IRS Demands Identities of All US Coinbase Traders Over Three Year Period

motherboard.vice.com

35 pointsTech14 comments

"The IRS further justifies its request by claiming it is targeted toward a specific group of people; namely, US taxpayers who have conducted transactions with virtual currency."

How about IRS makes requests to people who live in homes worth over a certain amount of money who pay absolutely no taxes. At least my suggestion isn't a wild goose chase.

"Targeting a specific group of people," never turns out to work fairly for those targeted for some reason.

Jeez, that sounds so much like a writ of assistance (which is what inspired the Fourth Amendment), it's ridiculous on its face that anyone would grant a warrant like that.

The IRS already knows how much you paid for your house.

Coinbase statement: https://blog.coinbase.com/2016/11/18/protecting-customer-pri...

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