U.S. Urges Supreme Court to Dismiss Coinbase Privacy Case

IRS and Coinbase User Case: The U.S. government is urging the Supreme Court not to hear a case from James Harper, who opposes the IRS accessing his cryptocurrency trading records, arguing that he forfeited privacy rights by sharing data with Coinbase. Lower courts have ruled that the IRS acted legally in obtaining these records through a "John Doe" summons.

Coinbase Security Breach: Coinbase revealed that hackers compromised its support staff in India to steal user information, affecting about 1% of active users, which has led to multiple lawsuits against the company for inadequate security measures and poor handling of the breach.