US Federal Court Orders IRS to Identify Taxpayers who Have Used Cryptocurrency

The US Federal Court has provided the official consent to Internal Revenue Service (IRS) to perform “John Doe Summons” on the US-based cryptocurrency exchange and bank, Kraken. A John Doe Summons is an IRS summons approved by Internal Revenue Code Section 7609(f). In contrast to other IRS orders, it does not enumerate the name of […]