IRS Sued For Illegally Obtaining Info From Crypto Exchanges

By Philip Rosenstein (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...

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