The Bitcoin Internal Revenue Service (IRS) has dealt the latest blow in the ongoing Coinbase legal saga, involving the use of a "John Doe" summons, affecting up to three million Bitcoin taxpayers. Jeffrey K Berns, a managing partner of Berns Weiss and Coinbase customer, filed a motion as an intervenor to set aside the John Doe motion, prompting the IRS to withdraw its subpoena against him, as it said he identified himself as a Coinbase user. In a statement, Berns said the IRS "does not have a legitimate purpose in seeking substantial personal and financial information".
The US Internal Revenue Service (IRS) has dealt the latest blow in the ongoing Coinbase legal saga, involving the use of a "John Doe" summons, affecting up to three million US taxpayers. Jeffrey K Berns, a managing partner of Berns Weiss and Coinbase customer, filed a motion as an intervenor to set aside the John Doe motion, prompting the IRS to withdraw its subpoena against him, as it said he identified himself as a Coinbase user. In a statement, Berns said the IRS "does not have a legitimate purpose in seeking substantial personal and financial information".