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Update 12-2-16 IRS Requests Bitcoin Buyer Records in Broad Tax Evasion Case
11-20-2016, 07:18 PM (This post was last modified: 12-02-2016 11:15 PM by etuHad4.)
Post: #1
Update 12-2-16 IRS Requests Bitcoin Buyer Records in Broad Tax Evasion Case
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http://fortune.com/2016/11/20/irs-bitcoi...sion-case/



Agency wants identities of all U.S. traders from Coinbase exchange.

As first reported by Motherboard, the Internal Revenue Service is seeking the personal data of all U.S. Coinbase users who transacted between 2013 and 2015. In a statement, a Coinbase spokesman said the exchange site was “very concerned with the indiscriminate breadth of the government’s request.”

"☢tHe creeper☢"
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11-23-2016, 01:50 AM
Post: #2
RE: IRS Requests Bitcoin Buyer Records in Broad Tax Evasion Case
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Even if they end up winning this case, the IRS and Federal Reserve's demise was inevitable the day Bitcoin was released. They cannot stop this, and they'll go out kicking and screaming but Bitcoin and other crypto will move on.

Now for those who are buying it on major exchanges that want you to give up your identity will get a big wake up call and kick to the groin just like Mt Gox customers did. These people are buying it and storing it improperly. Maybe it'll be a wake up call if all the indentities are released, as Bitcoin was never meant to be Government friendly or bank friendly like people TED Talks and others may think. It's a peer to peer pseudo anonymous currency, and when you get rid of things you feel aren't "right" about the fundamentals of Bitcoin, you get this. It's kind of like the left trying to alter the 1st and 2nd amendments to their liking, it just ends up getting rid of the core principals and except for affecting all of us it'll only effect them on an individual level when it comes to Bitcoin.

Good website to get bitcoin from if you're interested: https://localbitcoins.com/

Protectron, proud member of Realist News since Jun 2016.
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12-02-2016, 11:14 PM
Post: #3
IRS Requests Bitcoin Buyer Records in Broad Tax Evasion Case
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http://bravenewcoin.com/news/federal-jud...user-data/

A federal court in the Northern District of California has authorized the Internal Revenue Service (IRS) to obtain information about U.S. taxpayers who conducted transactions through Coinbase from 2013 to 2015.

While the IRS makes no allegation that Coinbase has engaged in any wrongdoing, the authorization is instead targeting the company's customers. “There is a reasonable basis for believing that such group or class of persons may fail, or may have failed, to comply with one or more provisions of the internal revenue laws.”

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