Coinbase submits an amicus curiae statement to the US Supreme Court defending user data reporting to the IRS

Odaily Planet Daily reported that Coinbase submitted an amicus curiae statement to the US Supreme Court on Wednesday, defending the submission of user data to the IRS. The statement stated that "the court should intervene and clarify that third-party principles do not allow the IRS to conduct dragnet searches. Coinbase stated that the US government exceeded its authority in requesting data from hundreds of thousands of users and believes that this matter has broader privacy implications. （CoinDesk）