X fights for justice "for others": No more IRS data grabs on traders!
Elon Musk’s social media platform X has filed a petition with the U.S. Supreme Court to stop the government from forcing companies like Coinbase to hand over users’ financial data.
X claims that the IRS obtained three years' worth of Coinbase transaction records for over 14,000 users, including James Harper, without a warrant. The company argues that this "dragnet" data collection violates Fourth Amendment privacy rights.
With support from seven research and advocacy groups, X is challenging the legality of such warrantless subpoenas. The Supreme Court has now asked the federal government to respond to the case.
Harper first sued the IRS in 2020 for unlawfully collecting data identifying him as a crypto holder, but a federal court ruled in 2023 that the IRS acted within its authority. Now, with X backing the fight, will justice be served? 🚀🔥