Tax,
Civil Litigation,
Banking
Dec. 7, 2016
War on alternative currencies is heating up
A federal district court has ordered that Coinbase Inc. should turn over its customer account information to the government.
Dashiell C. Shapiro
Counsel
Shartsis Friese LLP
litigation, tax
Email: dshapiro@sflaw.com
Univ of Chicago Law School
Dashiell is a former U.S. Department of Justice Tax Division honors attorney.
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
The Internal Revenue Service's war on alternative currencies is heating up, and many will be affected, though how ? and how seriously ? remains to be seen. A federal district court has ordered that Coinbase Inc. should turn over its customer account information to the government. See Order Granting Ex Parte Petition For Leave to Serve "John Doe" Summons, 3:16-cv-06658-JSC (N.D. Cal.).
Many bitcoin and other digital currency users are worried that the IRS will get their acco...
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