X Requests US Supreme Court to Review Coinbase vs IRS Ruling

Uk Jin

Summary

X has reported that it requested a review from the US Supreme Court, claiming the ruling between Coinbase and the IRS is unconstitutional.
The key issue is whether the IRS's request for user information violates the Constitution, with the previous lower court ruling in favor of the IRS.
X emphasized that this case could be an opportunity to redefine the authority between the government and companies.

X (formerly Twitter) has stepped in as an ally of the cryptocurrency exchange Coinbase in its legal battle with the Internal Revenue Service (IRS). X argues that the IRS's request for user information violates the Constitution.

According to Bloomberg News on the 1st (local time), X requested the US Supreme Court to review the lower court's ruling between Coinbase and the IRS. Previously, the lower court ruled that the IRS collecting user information from Coinbase does not violate the Constitution.

X stated, "If a company has contracted to keep user information private, forcing the company to disclose that information is unconstitutional." X also added, "(This case's ruling) is an opportunity to redefine the relationship between the government and companies like Coinbase and X," emphasizing that "the government can no longer infringe on users' Fourth Amendment rights."