gizmodo: Covering the identities and transaction histories of millions of costumers, the request is believed to be the largest single attempt to identify tax evaders using virtual currency to date. by Hudson Hongo
'As a so-called “John Doe” summons, the document targets a particular group or class of taxpayers—rather than individuals—the agency has a “reasonable basis” to believe may have broken the law. According to The New York Times, the IRS argued that two cases of tax evasion involving Coinbase combined with Bitcoin’s “relatively high level of anonymity” serve as that basis.
'“There is no allegation in this suit that Coinbase has engaged in any wrongdoing in connection with its virtual currency exchange business,” said the Justice Department on Wednesday. “Rather, the IRS uses John Doe summonses to obtain information about possible violations of internal revenue laws by individuals whose identities are unknown.”'