The U.S. Supreme Court has declined to hear a case challenging the IRS’s authority to access Coinbase user data through a “John Doe” summons.

This means lower court rulings remain in effect, allowing the IRS to continue collecting transaction and account information from crypto exchanges without needing additional judicial review.

Coinbase and privacy advocates argued the practice violated Fourth Amendment protections and warned it could allow retroactive and real-time surveillance of users’ financial activity.

The Court’s refusal keeps the longstanding third-party doctrine in place. With crypto tax notices spiking nearly 758% this year, users and platforms may now face increased IRS scrutiny under existing legal frameworks.

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#crypto #bitcoin #btc #cryptocurrency #cryptonews #bitcoinnews #cryptotips #ripple #xrp
The U.S. Supreme Court has declined to hear a case challenging the IRS’s authority to access Coinbase user data through a “John Doe” summons. This means lower court rulings remain in effect, allowing the IRS to continue collecting transaction and account information from crypto exchanges without needing additional judicial review. Coinbase and privacy advocates argued the practice violated Fourth Amendment protections and warned it could allow retroactive and real-time surveillance of users’ financial activity. The Court’s refusal keeps the longstanding third-party doctrine in place. With crypto tax notices spiking nearly 758% this year, users and platforms may now face increased IRS scrutiny under existing legal frameworks. Join the free memecoin discord in my bio for alpha 📲 #crypto #bitcoin #btc #cryptocurrency #cryptonews #bitcoinnews #cryptotips #ripple #xrp
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