Posted 10/30/2023, 10:07:30 AM
Kraken to Share Limited User Data With IRS Under Court Order
- Kraken will share data of 42,000 users with IRS
- Information to be sent to IRS in early November
- Data includes names, birth dates, addresses, and transaction history
- Court order demands profile and transaction data of users above $20,000
- Kraken fought summons but court ordered reduced data set
- Separate case has IRS demanding 2013-2015 data from Coinbase
- Advocacy group filed brief supporting user appeal of Coinbase case