CoinVoice has recently learned that, according to Decrypt, Coinbase has jointly submitted an amicus brief with multiple parties urging the U.S. Supreme Court to hear the case of "Harper v. O'Donnell" and to re-examine the applicability of third-party disclosure principles in the digital age.
The case stems from the IRS's request for Coinbase to provide transaction data for over 14,000 users through a "John Doe subpoena." Coinbase points out that this practice constitutes a form of "financial shackling" monitoring of blockchain users, violating their privacy rights protected by the Fourth Amendment of the Constitution. It is expected that the court will make a decision on whether to hear the case this year. [Original link]