đ Coin Center Wins Right to Sue Treasury and IRS Again Over Tax Rule
Coin Center, a cryptocurrency research outlet, has received approval from a U.S. appeals court to retry its lawsuit against the Treasury Department and the IRS. The dispute centers on a 2021 amendment to Section 6050I, which requires disclosure of cryptocurrency transactions and personal details to the IRS, which Coin Center considers unconstitutional and âexcessive surveillance.â The case was previously dismissed, but Judge Karen Nelson Moore allowed three claims to move forward, leading to the case being sent back to a lower court for further proceedings.
