Cryptocurrency exchange Kraken has been ordered by a judge to submit a vast amount of user information to the Internal Revenue Service (IRS) for an investigation into potential tax evasion.
The United States District Court for the Northern District of California issued the order on Friday, stating that Kraken must provide account and transaction details to the IRS to determine whether any users have underreported their taxes....
Read More: Crypto Exchange Kraken Ordered to Submit User Transaction Data to IRS – Here's the Latest
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