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Bitcoin exchange Kraken to probe user accounts after U.S. court dictum

The U.S. Internal Revenue Services, the country’s main body responsible for collecting taxes and administering the Internal Revenue Code, will probe users of crypto exchange Kraken after a court order, news outlet Reuters said this morning.

The taxman comes for crypto: DOJ says a federal court has authorized the IRS to serve a John Doe summons on the crypto exchange Kraken, seeking information about U.S. taxpayers who conducted at least $20,000 of transactions in cryptocurrency from 2016 to 2020.
— Eamon Javers (@EamonJavers) May 5, 2021

The IRS is seeking information about taxpayers who conducted at least $20,000 worth of transactions in cryptocurrency from 2016 to 2020, the Department of Justice said in a statement. A federal court passed the order on Wednesday.
“Those who transact with cryptocurrency must meet their tax obligations like any other taxpayer”, acting Assistant Attorney General David Hubbert of the Justice Department’s Tax Division said in the statement.

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Źródło: https://cryptoslate.com/bitcoin-exchange-kraken-to-probe-user-accounts-after-u-s-court-dictum/

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