Court Enters Order Authorizing IRS to Serve John Doe Summons on Fintech Circle to Obtain Info on US Taxpayers’ Crypto Transactions

A federal court in the District of Massachusetts recently entered an order that authorizes the US Internal Revenue Service (IRS) to serve a John Doe summons on Circle Internet Financial Inc., “or its predecessors, subsidiaries, divisions, and affiliates, including Poloniex LLC.” According to a release,… Read More
Read more in: Blockchain & Digital Assets, Politics, Legal & Regulation | Tagged circle, Circle Internet Financial, Crypto Taxes, crypto-assets, digital assets, digital currencies, internat revenue service, irs, tax collection, united states, us, virtual currencies