šØBIG NEWS
The Supreme Court just declined to hear Coinbase user James Harperās challenge to an IRS data request. That means the IRS can now continue issuing broad āJohn Doeā summonses for crypto transaction data without needing a warrant.
ā This ruling reinforces the āthird-party doctrineā: once you voluntarily share info with an exchange, privacy protections are weaker.
š Coinbase sounded the alarm, calling this a dangerous step toward unchecked surveillance.
What this mean for crypto users:
š„Prepare for more data-sharing scrutiny.
š„Think carefully about privacy on centralized platforms.
š„Watch for future legal battles - this may not be the last word.
#SupremeCourtCrypto