Coinbase To Submit Data on 13,000 Users to the IRS

Coinbase To Submit Data on 13,000 Users to the IRS

Anonymous
February 23rd, 2018


Coinbase announced that it must provide the data of 13,000 users to the Internal Revenue Service (IRS) as a part of an investigation into tax evasion. According to RT.com, the IRS originally requested information on all Coinbase users, but the number was reduced by a court order in November 2017. The information that Coinbase is required to provide within the next 21 days includes ID, name, birth date, address, and transaction records from 2013 through 2015.