Taxman Looks Into Bitcoin Wallets For Virtual Money
A federal judge in California has ordered bitcoin wallet service Coinbase Inc. to hand over records of all American user transactions from 2013 to 2015 to the IRS, as part of a tax evasion investigation. RT.com reports: On Wednesday, the Northern California District Court allowed the Internal Revenue Service to issue a “John Doe” summons to Coinbase in the pursuit of “information about US taxpayers who conducted transactions in a convertible virtual currency during the years 2013 to 2015,” the US Department of Justice said.