IRS Sued For Illegally Obtaining Info From Crypto Exchanges

Law360 (July 15, 2020, 8:02 PM EDT) -- A New Hampshire resident lodged a complaint against the Internal Revenue Service Wednesday claiming the agency violated his constitutional rights by unlawfully obtaining personal financial information related to his digital currency accounts directly from third parties.

A New Hampshire resident claims the IRS violated the Fourth and Fifth Amendments by demanding his information from third parties without any specific suspicion of wrongdoing and without notifying him. (AP) James Harper, who claims he disclosed all of his trades and paid all relevant taxes on his digital currency holdings since he first invested in bitcoin in 2013, filed a complaint against the IRS, Commissioner...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!