Coinbase offers a type of advanced Multisig vault where the users have control of their private keys. This is achieved in a unique way, by generating 3 keys. One is held by Coinbase, one is held by you, and the other is a shared key encrypted with a passphrase. This is one of the only… (0 comment)
A US Coinbase customer, who is also a lawyer with his own Law firm Berns Weiss, is taking the US IRS to task regarding the release of thousands of Coinbase users’ Data to the IRS. After the IRS realized he was a Coinbase customer, they removed his name from the summons of Coinbase user data… (0 comment)
Coinbase, one of the largest Bitcoin Exchanges and online wallet providers is facing a class action suit from people who lost money when the Cryptsy Exchange failed. This comes after their recent legal battle with the United States IRS. The suit alleges that coinbase aided Cryptsy in stealing the funds by helping them move the… (0 comment)
The court system in the United States has recently approved a release of all records pertaining to U.S customers, including transaction data between 2013 and 2015 which are held by coinbase to the IRS (Inland Revenue Service, the tax authority in the United States). This has implications for those who have been trying to avoid… (0 comment)
