The IRS is Targeting Bitcoin Transaction Records of Coinbase Users
Transaction records of Coinbase users, specifically bitcoiners, have been targeted by the Internal Revenue Service (IRS), according to a federal case filed in the U.S. District Court in the California Northern District Court.
First revealed by ZeroHedge on a late Thursday night November 17, the civil petition was filed in the federal court in California the same day.
With a “John Doe” summons, a summons issued by the IRS to a third party to provide information on unnamed, unknown taxpayer(s), the filing reads:
"Based upon a review of the Petition and supporting documents, the Court has determined that the “John Doe” Summons to Coinbase, Inc., relates to the investigation of an ascertainable group or class of persons, that there is reasonable basis for believing that such group or class of persons has failed or may have failed to comply with any provision of internal revenue laws…"
https://www.cryptocoinsnews.com/irs-targeting-bitcoin-transaction-records-coinbase-users/