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A comment on Coinbase Ordered to Turn Over Identities of 14,355 Crypto Traders to the IRS. Parent comment

Re:Coinbase Ordered to Turn Over Identities of 14,355 Crypto... by theseatoms on Thursday November 30, 2017 @01:48PM (#15818356)
> They use reverse burden of proof. Your money can be seized and you must explain its origin or you lose it.

Definitely something I'd like to see challenged in the court system.

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Re:Coinbase Ordered to Turn Over Identities of 14,355 Crypto... by prepend on Thursday November 30, 2017 @02:11PM (#15818575)
It has been and upheld. Been established for quite a while. Here’s a US Supreme Court case from 1996 - https://en.wikipedia.org/wiki/Bennis_v._Michigan
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Re:Coinbase Ordered to Turn Over Identities of 14,355 Crypto... by ChuckMcM on Thursday November 30, 2017 @03:58PM (#15819469)
Sadly it has been challenged several times and found to be lawful. I would love to see Congress specifically outlaw such seizures and/or reverse the burden of proof.
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