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REPORT: The IRS quietly obtained data from over 14,000 Coinbase (crypto) users without a warrant, including wallet addresses and transaction logs. Americans are now receiving threatening letters asking if they’d like to “come clean” on past filings. This is happening with no court order, and most users had no... show more
213,673 views • 1 year ago •via X (Twitter)
11 Comments

IRS seized 14k Americans' crypto data without warrants. $100M+ dragnet op while ignoring $2B Medicare fraud. Bureaucrats bypass 4th Amendment for mass surveillance. DOGE's mission: Audit the auditors. No warrant = no budget. End the data grabs.

When your mom finds an old note with 24 random words and throws it away… Now that DataMask also uses 24 words, is it your CryptoWallet seed or your DataWallet backup? #CryptoProblems #SecureYourData #HUDI #DataMask

This is extremely concerning.

I, for one, don’t appreciate having my every move and online browsing history relentlessly tracked and traced.

No warrant? Even if obtained accidentally, it cannot be used in a court. However, you better watch out next year. They can alway claim they didn't use this years information but make claims to validate or perform reviews all of your information. Start prepping this year. Gonna be a bumpy year next year unless the IRS under Trump's admin says no, you cannot use this information for 10 years. Also mount lawsuits against coinbase for accidentally not protecting your personal id information (PCI-DSS / PII - FDIC / NCUA regulations required)

IRS going stealth mode on Coinbase users?! Privacy who? 🤔

🤣

Can you imagine what would happen in crypto if "unrealized capital gains" became a thing?

Protect yourself…

That’s what audits are for!

This is why I got out of crypto in 2018.. (well knowing this was coming, and the invention of NFTs)
