The founder has declared that they are not reporting financial transactions to the IRS that would be of material interest to the IRS, and noted that they will c

The founder has declared that they are not reporting financial transactions to the IRS that would be of material interest to the IRS, and noted that they will consider providing that material to the IRS only if their conditions are met. It seems likely the IRS will subpoena them for the data regardless, and potentially seek conviction of tax fraud. While I ironically enjoy that he thought the best way to intimidate cryptocoin people was to threaten them with taxation, it does highlight cryptocoin's primacy as a way to acquire nation currency without paying taxes on it.