Express

Federal Judge Implied an Individual May not Have the Right to Force the IRS to Expunge Financial Records It Obtains from Crypto Exchanges

Amy Liu

Summary: Judge Joseph DiClerico in the District of New Hampshire has implied that an individual may not have the right to force the Internal Revenue Service, or IRS, to expunge financial records it obtains from crypto exchanges. In granting a motion to dismiss filed in December, Judge Joseph DiClerico suggested the Internal Revenue Service has no ...

Judge Joseph DiClerico in the District of New Hampshire has implied that an individual may not have the right to force the Internal Revenue Service, or IRS, to expunge financial records it obtains from crypto exchanges.

In granting a motion to dismiss filed in December, Judge Joseph DiClerico suggested the Internal Revenue Service has no obligation to honor requests to purge crypto transaction records it received from Coinbase or other exchanges regarding information for federal taxes. 

By Amy Liu

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