March 31, 2021, 7:33 PM; Updated: March 31, 2021, 9:38 PM
The Justice Department has asked a California court for permission to demand cryptocurrency records tied to unnamed taxpayers who have held accounts at Kraken, a digital currency exchange.
The petition for leave to serve a John Doe summons—which seeks records from a third party about unnamed taxpayers—on the cryptocurrency company was filed at the U.S. District Court for the Northern District of California on Tuesday. In a memo supporting the request, the government said the records would assist an IRS investigation into taxpayers who may not be properly reporting cryptocurrency transactions.
The summons is seeking records of account…