IRS rejects ‘surveillance conspiracy’ as it demands Coinbase turn over user records The Internal Revenue Service
(IRS) has ordered California-based cryptocurrency exchange Coinbase to turn over records about one of its users. It issued a summons to the exchange this past June, looking for information on William Zietzke and his tax return from 2016 as it wants to determine if he properly reported his earnings. Zietzke has tried to get a court to deny the request, but he’s not having much luck. The IRS just fought back, essentially laughing at the Washington resident for some pretty absurd claims.