According to Decrypt, the U.S. Supreme Court on Monday declined to hear the case of Harper v. Faulkender, which would have revisited whether cryptocurrency exchanges must provide customer data to the government. The decision is a setback for cryptocurrency companies such as Coinbase, which had hoped the court would create a privacy exception for blockchain data similar to cellphone records. The case involves the "third-party doctrine", which has long allowed the government to obtain customer records from service providers such as banks.
The case involves James Harper, a Coinbase customer whose personal transaction data was obtained by the Internal Revenue Service (IRS) in a massive investigation. In this investigation, the IRS requested information on more than 14,000 cryptocurrency accounts.
The US Supreme Court has refused to hear a cryptocurrency user data privacy case
2025-07-01 00:05:28
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