Coinbase Will Oppose Government Petition in Court

[jamie.redman1]

Bitcoin exchange Coinbase is under scrutiny by the government agency the IRS, shocking the community. However, it seems Coinbase will be doing everything it can to protect its customer’s data and possibly fight the summons through litigation.

https://news.bitcoin.com/coinbase-gover ... ion-court/

[minerjones]

One more indication that centralization of services by one entity upon a decentralized system leads to problems.

[iFixBTCmemoryIssues]

Bitcoin exchange Coinbase is under scrutiny by the government agency the IRS, shocking the community. However, it seems Coinbase will be doing everything it can to protect its customer’s data and possibly fight the summons through litigation.

https://news.bitcoin.com/coinbase-gover ... ion-court/

Nothing a good legal team can't handle

I advise anyone with legal questions in this type of case to always speak to a tax attorney. It will cost you a small amount of money upfront, but it will be more than worth it.