On 11/20/2016 12:54 AM, grarpamp wrote:
https://yro.slashdot.org/story/16/11/18/2146221/irs-demands-identities-of-al... http://motherboard.vice.com/read/irs-demands-identities-of-all-coinbase-trad... https://www.documentcloud.org/documents/3222198-Petition-for-Coinbase-Trader... https://twitter.com/zerohedge/status/799401350824132608 https://www.documentcloud.org/documents/3222199-Memorandum-in-Support-of-Pet...
In bitcoin-related investigations, authorities will often follow the digital trail of an illegal transaction or suspicious user back to a specific account at a bitcoin trading company. From here, investigators will likely subpoena the company for records about that particular user, so they can then properly identify the person suspected of a crime. The Internal Revenue Service, however, has taken a different approach. Instead of asking for data relating to specific individuals suspected of a crime, it has demanded bitcoin trading site Coinbase to provide the identities of all of the firm's U.S. customers who made transactions over a three year period, because there is a chance they are avoiding paying taxes on their bitcoin reserves.
Some people jus' gotta learn OpSec that hard way, I guess :( <SNIP>