Coin Center has filed a court challenge against the Treasury Dept. over unconstitutional financial surveillance It is a clear overreach for the government to force citizens to spy on each other without a warrant.
tldr; Coin Center has filed a lawsuit against the Treasury Department in a challenge to the amendment of Section 6050I of the Tax Code that was part of the Infrastructure Investment and Jobs Act passed last summer. The amendment requires individuals and businesses who receive $10,000 or more in crypto to report to the government not just the name of who sent them the funds, but that person’s date of birth and Social Security number as well.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
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