Third Coinbase User Opposes IRS Bid As 'Fishing Expedition'

Law360, Washington (May 25, 2017, 2:32 PM EDT) -- A third anonymous Coinbase customer sought Wednesday to jump into the fray opposing the IRS' California federal court summons enforcement bid seeking customer names and other information from the virtual currency exchange company, warning of an unconstitutionally intrusive "fishing expedition."

John Doe 3 wants to intervene by contending that Coinbase Inc. itself and Does 1 and 2 are making different arguments and won't best represent the new intervenor's interests, whose unique perspective combines "principles of computer science, economics and the law." The intervenor also wants to participate anonymously in contesting IRS efforts to enforce its summons for customer names and data from the...

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