Court Orders Kraken to Turn Over History Transaction and Account Information to IRS

“We fought the IRS as a result of they sought intrusive and pointless details about U.S. shoppers, together with IP addresses, employment data, sources of wealth, web price, and banking particulars,” a spokesperson from Kraken mentioned in an announcement. “We admire that the Court docket rejected all these calls for, recognizing that the IRS requests had been ‘a lot broader than what is critical.'”