IRS Can Access Coinbase User Trading Data, Court Rules (blockworks.co) [–]Slainte042Platinum | QC: CC 530 88 points89 points90 points 4 days ago (28 children) Finally they will be able to see all my bad trades. permalink embed save report give award reply [–]KappatalizablePlatinum | QC: CC 846 19 points20 points21 points 4 days ago (15 children) They can now laugh at you while they charge you taxes nonetheless permalink embed save parent report give award reply [–]kirtash93The Ash Ketchum of Crypto | Gotta Catch 'Em All 10 points11 points12 points 4 days ago (7 children) They will also see how much I earned with learn&earn program. The only reason why I have Coinbase. permalink embed save parent report give award reply [–]Hawke64Platinum | QC: CC 199 7 points8 points9 points 4 days ago (5 children) Oh no, not my beloved learn&earn coins! Not all $20 worth of them! permalink embed save parent report give award reply [–]BlargtheGiantTin 3 points4 points5 points 4 days ago (1 child) Like .65 dollars permalink embed save parent report give award reply [–]Kodeshii 0 points1 point2 points 4 days ago (0 children) $20?! I only got $4! permalink embed save parent report give award reply [–]broccoliiskewlTin 1 point2 points3 points 4 days ago (1 child) you can get $30 in OP right now permalink embed save parent report give award reply [–]Elegant_Tale_3929Platinum | QC: ATOM 27 0 points1 point2 points 4 days ago (0 children) Wait, I think I've only gotten $9 this last year! permalink embed save parent report give award reply [–]Tatakae69Platinum | QC: CC 898 0 points1 point2 points 4 days ago (0 children) Cries in unavailable in my country. permalink embed save parent report give award reply [–]ice_blade_sorc 1 point2 points3 points 4 days ago (0 children) You mean they get free entertainment from my portfolio too? Fucking government wants everything huh permalink embed save parent report give award reply [–]89timeTin 2 points3 points4 points 4 days ago (4 children) If it makes doing my taxes easier, I'm ok with this. permalink embed save parent report give award reply [–]EdwardteechTin[🍰] 10 points11 points12 points 4 days ago (0 children) It won't permalink embed save parent report give award reply [–]JamesBondMI6007Tin | CC critic 4 points5 points6 points 4 days ago (2 children) Why would it make doing your taxes easier? It’ll just allow the IRS to make sure you reported your capital gains/losses correctly. permalink embed save parent report give award reply [–]89timeTin 2 points3 points4 points 4 days ago (1 child) That’s why I used the word “if”. permalink embed save parent report give award reply [–]CCNightcoreBronze | Science 11 -1 points0 points1 point 4 days ago (0 children) Well no, because when you say that you're implying that it will make your taxes easier, hence you're okay with it. If you weren't implying that then you shouldn't have said it. permalink embed save parent report give award reply [–]DaetheFancyTin | 1 month old 2 points3 points4 points 4 days ago (0 children) cant charge taxes when you lose! ill take my writeoff instead! permalink embed save parent report give award reply [–]ersleidPlatinum | QC: CC 100 5 points6 points7 points 4 days ago (0 children) IRS guy: "Ayo bro, are you seeing this shit? wtf -50% down 😂" FBI guy: "Oh yeah, this dude has sucked at trading for years now" permalink embed save parent report give award reply [–]Lokiee0077 1 point2 points3 points 4 days ago (0 children) Finally they can see there is nothing to Tax on here. permalink embed save parent report give award reply [–]Alecglasofer 2 points3 points4 points 4 days ago (2 children) Hopefully they quit after seeing your trades so they don't make it to mine lol permalink embed save parent report give award reply [–]Slainte042Platinum | QC: CC 530 -1 points0 points1 point 4 days ago (1 child) At least we can hope they have breathing problems from laughing. permalink embed save parent report give award reply [–]Z3LS3Bitcoin 3 points4 points5 points 4 days ago (0 children) IRS agent slumps back in office chair rubbing temples “I think that’s enough internet for today.” permalink embed save parent report give award reply [–]tambaybtc[S] 0 points1 point2 points 4 days ago (0 children) Let them come and see me DCAing BTC with $0.5 daily and I am proud of it. permalink embed save parent report give award reply [–]WineMakerBgTin -1 points0 points1 point 4 days ago (0 children) Bullish on Painkillers :) permalink embed save parent report give award reply [–]necboneTin -1 points0 points1 point 4 days ago (0 children) Gonna see our pro strats permalink embed save parent report give award reply [–]badfishbeefcakeSilver | QC: CC 100 | ADA 32 | PoliticalHumor 42 0 points1 point2 points 4 days ago (0 children) so they can audit us just to roast us permalink embed save parent report give award reply [–]correkt-horse 0 points1 point2 points 3 days ago (0 children) Just what we all needed, more accountability. permalink embed save parent report give award reply [–]Probably_notabotTin | CC critic 57 points58 points59 points 4 days ago (13 children) Well, it’s a CEX. I’d expect them to play by the rules to keep their business running. Should be using an alternative if you’re after privacy permalink embed save report give award reply [–]RollingCoalsDaily 12 points13 points14 points 4 days ago* (1 child) At last, a comment that makes sense in a sea of childish puns. permalink embed save parent report give award reply [–]Hawke64Platinum | QC: CC 199 1 point2 points3 points 4 days ago (0 children) Sir, this is r/cc. permalink embed save parent report give award reply [–]CeramicDripFuture Moons Millionaire 3 points4 points5 points 4 days ago (0 children) How does one achieve the latter? For research purposes permalink embed save parent report give award reply [–]DaetheFancyTin | 1 month old 3 points4 points5 points 4 days ago (0 children) right? coinbase having government contracts already this was sortof assumed. now its just confirmed. permalink embed save parent report give award reply [–]TNGSystems 4 points5 points6 points 4 days ago (0 children) Yeah I don’t think anyone has an expectation of privacy with CEX’s when it comes to taxes. And for that reason I self report tax every year. permalink embed save parent report give award reply [–]RookieRamenTin 2 points3 points4 points 4 days ago (0 children) Let's not downplay tax evasion or transparency. Both are good things and it's weird you think traceability is something a cex has given up whereas it's inherent to dexes. Sure dex'es seem anonymous but they're not. If you want your tokens to be worth something you'll have to give up your anonymity at some point. Don't ask for anarchy, ask for a fair system. Transparency is the way. permalink embed save parent report give award reply [–]JuggaliciousMemesTin | Unpop.Opin. 12 0 points1 point2 points 4 days ago (3 children) of course, no business is gonna get in the way of the IRS investigating people for tax evasion, IRS doesnt fuck around permalink embed save parent report give award reply [–]mwdeuce 3 points4 points5 points 4 days ago (2 children) IRS doesn't fuck around unless you're the church of Scientology, then they bend over and take a hard dicking while asking for seconds. permalink embed save parent report give award reply [–]JuggaliciousMemesTin | Unpop.Opin. 12 0 points1 point2 points 4 days ago (1 child) this sub should register as a church so we can all get that tax-exemption status permalink embed save parent report give award reply [–]midgetforce2kSilver | QC: BTC 64, CC 56 | LRC 134 | Superstonk 177 0 points1 point2 points 4 days ago (0 children) This sub is basically a cult with Stockholm syndrome permalink embed save parent report give award reply [–]JustinTormund_10Tin 0 points1 point2 points 4 days ago (0 children) I was thinking the same thing, not sure why this is such a big surprise. permalink embed save parent report give award reply [+][deleted] 4 days ago (1 child) [deleted] [–]KingTut747 1 point2 points3 points 4 days ago (0 children) No to all of this permalink embed save report give award reply [–]ovettaTin 20 points21 points22 points 4 days ago (3 children) I don’t mind. I just want to automatically get a tally from CB of what taxes I owe at the end of the year so I don’t have to guess or figure out overly complicated math. permalink embed save report give award reply [–]Hawke64Platinum | QC: CC 199 12 points13 points14 points 4 days ago (1 child) IRS: "We perfectly know how much you owe us, but we won't tell you because fuck you" permalink embed save parent report give award reply [–]filenotfounderror 1 point2 points3 points 4 days ago (0 children) this is actually not really the IRS' fault, its companies like Turbo tax's fault who lobby to make it so they CANT tell you. permalink embed save parent report give award reply [–]lostaga1n -5 points-4 points-3 points 4 days ago (0 children) I haven’t done taxes in a few years because I couldn’t figure out wtf I owed between a small side hustle on Etsy and crypto shit got complicated and couldn’t afford a CPA since I mostly lost money trading back then. permalink embed save parent report give award reply [–]Euphoric-Mode215Permabanned 6 points7 points8 points 3 days ago (0 children) don't i know it permalink embed save report give award reply [–]TheDickDogKnows Sh!t about F*ck 12 points13 points14 points 4 days ago (1 child) Cartman voice. IRS can suck my balls. permalink embed save report give award reply [–]Hawke64Platinum | QC: CC 199 0 points1 point2 points 4 days ago (0 children) IRS: "Respect my authoritah!" permalink embed save parent report give award reply [–]Acceptable_One_2512 6 points7 points8 points 4 days ago (0 children) now this is getting interesting XDD permalink embed save report give award reply [–]dazy_thoughtsPermabanned 12 points13 points14 points 4 days ago* (3 children) The taxman can probably also win a ruling to access and find out what underwear I wear, let alone my trades. Bullish on xmr undies /s permalink embed save report give award reply [–]Tatakae69Platinum | QC: CC 898 2 points3 points4 points 4 days ago (0 children) IRS this comment right here. Find his invisible undies. permalink embed save parent report give award reply [–]lj26ftPlatinum | QC: XRP 1126, CC 534 | x2x2 4 points5 points6 points 4 days ago (0 children) The golden age of privacy coins will dawn with the rise of the regulated market. permalink embed save parent report give award reply [–]Hawke64Platinum | QC: CC 199 1 point2 points3 points 4 days ago (0 children) Step taxman, what are you doing? permalink embed save parent report give award reply [–]Texasraised420Tin | LRC 6 6 points7 points8 points 4 days ago (1 child) Bet they can find out how much I owe them if they want it and save me the hassle permalink embed save report give award reply [–]Killertimme 3 points4 points5 points 4 days ago (0 children) They already know! But its your job to do it anyway. permalink embed save parent report give award reply [–]GardenofSalvationTin 2 points3 points4 points 4 days ago (0 children) Can't believe anyone genuinely believed this would go any other way permalink embed save report give award reply [–]S-W0RKSTin 2 points3 points4 points 4 days ago (0 children) I mean, they already have all your info when u signed up with them. permalink embed save report give award reply [–]mik_djPermabanned 2 points3 points4 points 3 days ago (0 children) They can see my empty wallet lol permalink embed save report give award reply [–]lordciders 4 points5 points6 points 4 days ago (3 children) Trade in a Dex and cash out in a CEX. permalink embed save report give award reply [–]Wendals87Bronze | QC: CC 18 2 points3 points4 points 4 days ago (0 children) you do realize the IRS can see all your trade data on a dex as well right? its all on the blockchain. In fact, they'd probably prefer it as they don't have to ask coinbase to hand it over first permalink embed save parent report give award reply [–]509BandwidthLimitTin 0 points1 point2 points 4 days ago (1 child) And which DEX do you recommend? permalink embed save parent report give award reply [–]frozengrandmatetrisPlatinum | QC: BCH 160, XMR 53, CC 35 | IOTA 9 | Privacy 13 1 point2 points3 points 4 days ago (0 children) just go on defillama and see the ones that have lots of TVL permalink embed save parent report give award reply [–]BusinessBreakfast3Platinum | QC: BTC 28, CC 22 | CRO 5 1 point2 points3 points 4 days ago (0 children) Of course they can. permalink embed save report give award reply [–]GRREEEENMACHINETin 1 point2 points3 points 4 days ago (0 children) How would this be surprising? permalink embed save report give award reply [–]Playful_Inside1119Permabanned 1 point2 points3 points 4 days ago (0 children) I don’t think this is surprising anymore. permalink embed save report give award reply [–]cryptoderpinTin 1 point2 points3 points 4 days ago (0 children) IRS: You owe us money!! ME: Dats cool, just print what I owe you. Look how easy that was! Now go away and enjoy funding your endless wars. permalink embed save report give award reply [–]DynamoDylanPlatinum | QC: CC 227 1 point2 points3 points 4 days ago (0 children) It was only a matter of time unfortunately permalink embed save report give award reply [–]PrometheusOnLoudTin 1 point2 points3 points 4 days ago (0 children) Well, I guess it's a good thing I only sell at a loss. Ha. Tricked em again. permalink embed save report give award reply [–]MoonTLDRPermabanned 1 point2 points3 points 4 days ago (1 child) That's bad. I am too ashamed to show my shit trades. permalink embed save report give award reply [–]tambaybtc[S] 0 points1 point2 points 4 days ago (0 children) Nothing to be ashamed of my friend. I am very proud with my daily btc DCAing of $0.5 at least that is better than my shity trading decisions 😁 permalink embed save parent report give award reply [–]Euphoric_Bad4326Permabanned 1 point2 points3 points 3 days ago (0 children) No surprise here. permalink embed save report give award reply [–]crua9 3 points4 points5 points 4 days ago (1 child) Is this new info? I mean capital gains tax isn't new. They have to follow the law permalink embed save report give award reply [–]Killertimme 1 point2 points3 points 4 days ago (0 children) its not permalink embed save parent report give award reply [–]WorriedComparison189Permabanned 2 points3 points4 points 4 days ago (0 children) Wow, that's concerning. It's important to be aware of what information is being shared and with whom. permalink embed save report give award reply [–]magnetichiraWe are Satoshi 3 points4 points5 points 4 days ago (11 children) Use a DeX people, if you haven't figured this out yet... permalink embed save report give award reply [–]leotardodicabrio 2 points3 points4 points 4 days ago (1 child) I can't cash out on a dex permalink embed save parent report give award reply [–]magnetichiraWe are Satoshi 1 point2 points3 points 4 days ago (0 children) Well obv, is you want a fiat add ramp to bank account you need a CeX For trading a DeX is perfectly fine permalink embed save parent report give award reply [–]509BandwidthLimitTin 1 point2 points3 points 4 days ago (6 children) And which DEX do you recommend? permalink embed save parent report give award reply [–]magnetichiraWe are Satoshi 2 points3 points4 points 4 days ago (3 children) GMX on arbitrum is very cheap, fast and gives zero slippage trades permalink embed save parent report give award reply [–]509BandwidthLimitTin 0 points1 point2 points 4 days ago (0 children) Thx permalink embed save parent report give award reply [–]filenotfounderror 0 points1 point2 points 4 days ago (1 child) gives zero slippage trades What does that even mean. Slippage is a function of market mechanics, its not something an exchange can just "decide" to do or not do. permalink embed save parent report give award reply [–]magnetichiraWe are Satoshi 0 points1 point2 points 4 days ago (0 children) GMX doesn't use a traditional limit orderbook for "fills". Instead traders trade against a pool of assets (GLP) with defined limits on position size based on the liquidity of assets in the pool. Prices are from Chainlink. More deets on the mechanism here: https://gmxio.gitbook.io/gmx/ permalink embed save parent report give award reply [–]leotardodicabrio 1 point2 points3 points 4 days ago (1 child) I'd be interested too. Most Dex I've seen can't even show me prices permalink embed save parent report give award reply [–]ZephrysiumTin | LRC 6 | Superstonk 105 0 points1 point2 points 4 days ago (0 children) The loopring wallet is a really good DEX. I use it for its dual investment feature, and it’s got an off and on ramp permalink embed save parent report give award reply [–]Wendals87Bronze | QC: CC 18 0 points1 point2 points 4 days ago (1 child) just to state the obvious, the IRS can also see your trade data on a dex. It's all on the blockchain so public data permalink embed save parent report give award reply [–]magnetichiraWe are Satoshi 0 points1 point2 points 4 days ago (0 children) Run it through a privacy protocol eg railgun they even have built in tax compliance tools permalink embed save parent report give award reply [–]jktribitTin 1 point2 points3 points 4 days ago (0 children) Hehee laughing cause they gunna see my -1567% gains the irs is gunna owe ME money. permalink embed save report give award reply [–]H__DresdenSilver | QC: CC 48 | Buttcoin 63 | JusticeServed 66 1 point2 points3 points 4 days ago (0 children) Glad I deleted my Coinbase account a while ago. permalink embed save report give award reply [–]orville_wTin 0 points1 point2 points 4 days ago* (0 children) who cares? - don’t break the law & pay your taxes. - & you don’t have anything to worry about. permalink embed save report give award reply [–]doubleclickit 0 points1 point2 points 4 days ago (0 children) That's some bullshit there should also be a week delay on anyone finding out what you're buying or selling whether it be crypto or stocks or whatever. Piss off enough people and they'll pay to take the opposite side of your trades 😂 losers permalink embed save report give award reply [–]Illicitterror 0 points1 point2 points 4 days ago (0 children) You sign up and agree to all of this when making your account permalink embed save report give award reply [–]ProjectZeusPlatinum | QC: CC 30 | Stocks 87 0 points1 point2 points 4 days ago (1 child) Oh, are they gunning for Coinbase next then? The constant stream of legislation against exhanges, cryptos and hardware wallets is pretty exhausting permalink embed save report give award reply [–]JuggaliciousMemesTin | Unpop.Opin. 12 0 points1 point2 points 4 days ago (0 children) nope, they not gunning for coinbase, they’re just going after people who want to avoid paying their taxes, which is easy to avoid being investigated for by simply paying said taxes permalink embed save parent report give award reply [–]minniping 0 points1 point2 points 4 days ago (0 children) No CEX, no problem. permalink embed save report give award reply [–]pojut 0 points1 point2 points 4 days ago (0 children) I was under the impression that any CEXs operating in America need to provide both you and the government with a 1099-MISC if you brought in more than $600 in profits. Isn't that essentially the same thing? permalink embed save report give award reply [–]JuggaliciousMemesTin | Unpop.Opin. 12 0 points1 point2 points 4 days ago (0 children) “John Doe summons — a common tactic used by multiple government agencies — essentially affords the legal right to request a third party hand over data belonging to an individual or group of individuals for tax evasion checks.” people, pay your damn taxes🫣 permalink embed save report give award reply [–]Tatakae69Platinum | QC: CC 898 -1 points0 points1 point 4 days ago (0 children) Play stupid games(KYC), win stupid prizes(Taxes). permalink embed save report give award reply [+]good2youall comment score below threshold-6 points-5 points-4 points 4 days ago (0 children) People still use Coinbase!? permalink embed save report give award reply [+]ieatmoondustPssssst... Hey! Got MOONS? comment score below threshold-6 points-5 points-4 points 4 days ago (3 children) Well, it was fun while it lasted. permalink embed save report give award reply [–]Loft817Tin -1 points0 points1 point 4 days ago (2 children) Dont break any laws and pay your taxes like normal, nothing changes unless you are shady.... permalink embed save parent report give award reply [–]ieatmoondustPssssst... Hey! Got MOONS? -1 points0 points1 point 4 days ago (1 child) I do nothing shady and dutifully pay all my taxes. Down voted tho? Wow. Had no idea people welcomed the government to freely invade their privacy. permalink embed save parent report give award reply [+]AnarchyCheesemongerTin | LRC 9 comment score below threshold-7 points-6 points-5 points 4 days ago* (1 child) I here by abolish the IRS and order all employees pay restitution for the years of theft they perpetrated on the American people. They will also have to wear paper bags on their heads for a period of no longer then the rest of their lives. On those bags will be written the word “Loser” and the amount of money they were personally involved in extorting from others. I also declare that April 14th be here by known as “Tax Liberation Day”. On this day every year the bag headed losers can be pelted with rotten fruit and veggies. 🙂 permalink embed save report give award reply [–]AnarchyCheesemongerTin | LRC 9 -1 points0 points1 point 4 days ago (0 children) What’s the deal? Y’all work for the IRS?😂 permalink embed save parent report give award reply [–]Parush9Silver | QC: CC 178, DOGE 99 | LRC 103 | r/WSB 68 0 points1 point2 points 4 days ago (0 children) Taxman coming for their cuts !! permalink embed save report give award reply [–]podfather2000Tin | Unpop.Opin. 20 0 points1 point2 points 4 days ago (0 children) Good thing they can't tax losses. permalink embed save report give award reply [–]coinfeeds-botApproved CC Bot 0 points1 point2 points 4 days ago (1 child) tldr; A US federal court has ruled that the Internal Revenue Service (IRS) can access Coinbase user data, rejecting a case brought by plaintiff James Harper on constitutional grounds. The court cited the agency's powers afforded to it by Congress, meaning Harper was not entitled to protections beyond existing "checks on the IRS' powers". The IRS has been using John Doe summons for digital asset enforcement efforts since 2016, and in August 2022, a California federal court granted an order allowing the IRS to issue a John Doe summons to SFOX, a Los Angeles-based crypto prime broker. This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. permalink embed save report give award reply [–]JestersWildly -1 points0 points1 point 4 days ago (0 children) good bot permalink embed save parent report give award reply [–]Jay_Bird_75Tin | SHIB 36 0 points1 point2 points 4 days ago (0 children) Does this include inside of the CB wallet transfer or just on the CEX?? permalink embed save report give award reply [–]Dr_Tacopus 0 points1 point2 points 4 days ago (0 children) I think we already knew that was the case. permalink embed save report give award reply [–]snackysnackyTin | AvatarTrading 19 0 points1 point2 points 4 days ago (0 children) I prefer the IRS to see my bad trades to my wife permalink embed save report give award reply [–]Money_Adagio_4357 0 points1 point2 points 4 days ago (0 children) our rulers do not forgive when money is earned, even if it is cents! permalink embed save report give award reply [–]JabulonTin 0 points1 point2 points 4 days ago (0 children) this should make it easier to show what you are doing permalink embed save report give award reply [+][deleted] 4 days ago (3 children) [removed] [–]tambaybtc[S] 1 point2 points3 points 4 days ago (2 children) Haha nothing embarrassing about it my friend, let them come and see me DCAing BTC with $0.5 daily and I am proud of it. permalink embed save report give award reply [+][deleted] 4 days ago (1 child) [removed] [–]tambaybtc[S] 0 points1 point2 points 4 days ago (0 children) One day we will get there my friend 🤞 permalink embed save parent report give award reply [–]SeisouhenPlatinum | QC: CC 57, BTC 52 0 points1 point2 points 4 days ago (0 children) Can the IRS do this with tradefi, asking for a friend permalink embed save report give award reply [–]Status_Floor1746Platinum | QC: CC 44 0 points1 point2 points 4 days ago (1 child) The IRS already scans the blockchain so I am a little confused what this was about unless they were just trying to get peoples names permalink embed save report give award reply [–]Wendals87Bronze | QC: CC 18 0 points1 point2 points 4 days ago (0 children) yeah me too. All the people saying just to use a DEX don't understand that it's all visible for anyone to see. If you touch a CEX at any point they can follow the blockchain permalink embed save parent report give award reply [–]abulduhaanPermabanned 0 points1 point2 points 4 days ago (0 children) they gonna know im broke permalink embed save report give award reply [–]PeacefullyFightingPlatinum | QC: CC 329, ETH 23 | VET 10 | TraderSubs 24[🍰] 0 points1 point2 points 4 days ago (0 children) Why wouldn't they? How does it work for stock trading, do they receive a yearly report or do they have direct access? permalink embed save report give award reply [–]discussionandrespectsleeping peacefully through the dips 0 points1 point2 points 4 days ago (0 children) It’s over permalink embed save report give award reply [–]Character-Dot-4078Platinum | QC: CC 535, ETH 45, BTC 44 | ADA 7 | MiningSubs 39 0 points1 point2 points 4 days ago (0 children) They didnt before lol? This company has been around and running for how long now? Seems a little slow. permalink embed save report give award reply [–]hemirtTin 0 points1 point2 points 4 days ago* (0 children) I don't know about these John Doe summons, but from the article An early-era crypto trader and former in-house legal consultant for the Bitcoin Foundation, Harper filed an amicus brief in 2016, fighting against the agency’s initial request for Coinbase to hand over all user trading records. Despite ignoring requests from the agency, Coinbase was reportedly forced to hand over some of its largest user’s information, including Harper’s, following a separate summons against the Delaware-registered exchange a year later. And from what google says about John Doe summons ... it doesn't really look like they related to "identifiable" people or group of people under investigation and believed to evade taxes - it looks like they just asked for any and all data about any people. Similar John Doe summon I found for kraken for any users with >20k$ traded, they asked the same for coinbase. Both are supposedly fighting it in court. To me these look like "gather any and all data", even on users who did no wrongdoing... Hopefully non US person data is separated (as it for eu residents should be, or something like that by GDPR) and gets never touched by this horrendous organization. permalink embed save report give award reply [–]PadankadankPlatinum | QC: CC 40 | SysAdmin 29 0 points1 point2 points 4 days ago (0 children) I assumed they already did tbh permalink embed save report give award reply [–]Impossible_Soup_1932Platinum | QC: CC 286 | ADA 8 0 points1 point2 points 4 days ago (0 children) Same thing is coming to the EU, sad but seems inevitable permalink embed save report give award reply [–]Wendals87Bronze | QC: CC 18 0 points1 point2 points 4 days ago (0 children) The IRS can see your trades on a DEX as well. It's all on the blockchain. I'd argue they'd prefer it this way as they don't have to get permission from coinbase I thought it was pretty obvious but people here are saying to just use a dex and a CEX to cash out, so they can't see your trades permalink embed save report give award reply [–]letsridetheworldBronze | QC: CC 20 0 points1 point2 points 4 days ago (0 children) Coinbase fought hard and they lost. The IRS is out of hands. They basically do whatever they want permalink embed save report give award reply [–]elysiansaurusPlatinum | QC: CC 20 | CAKE 6 | r/WSB 286 0 points1 point2 points 4 days ago (0 children) This doesn't surprise me. Coinbase is basically like the most by the book crypto company which is why some people love them and others don't. permalink embed save report give award reply [–]coltonmusic15Platinum | QC: LTC 79 | TraderSubs 82 0 points1 point2 points 4 days ago (0 children) As if I need any additional record of the losses I stacked up in my “trading days”. Thanks again IRS you always know how to make me feel victorious 😭 permalink embed save report give award reply [–]AlligatorDerbyPlatinum | QC: CC 103 0 points1 point2 points 3 days ago (0 children) Pretty Sure We all Saw that coming... its Centralized, It's Public, and in US jurisdiction.... permalink embed save report give award reply [–]AidsKitty1Tin 0 points1 point2 points 2 days ago (0 children) Sure they can, it is a publicly traded company. permalink embed save report give award reply