Coinbase Claims ‘Partial Victory Over IRS’ After Court Order To Report Customers
December 1, 2017
A day after the price of bitcoin crossed the $10,000-mark, cryptocurrency brokerage Coinbase had a bad day in court in its over a year-long tussle with the Internal Revenue Service. A federal court in California ordered the company to hand over to the IRS data for over 14,000 of its customers who traded upward of $20,000 in bitcoin between 2013 and 2015.