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IRS SUES COINBASE: SUPREME COURT REQUESTED TO DISMISS CRYPTO PRIVACY LAWSUIT!
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Breaking news: IRS wants the Supreme Court to dismiss the lawsuit of James Harper, a Coinbase user, alleging that the IRS violated privacy rights by accessing crypto transaction data without specific suspicion!
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What happened?
Background: IRS obtained data from Coinbase (2016) to investigate tax reporting deficiencies affecting Harper.
IRS says: Third-party data is not protected like personal documents.
Harper opposes: IRS infringes constitutional rights.
Current situation: Lower court supports IRS. If the Supreme Court dismisses, crypto privacy is at risk!
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Significance: The ruling will shape privacy rights in the crypto industry in the U.S.!
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What do you think? Is crypto privacy under threat? Comment now!
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