
Opinion by: Vikrant Sharma, CEO of Cake Labs
When the United States Supreme Court data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/supreme-court-irs-coinbase-data” title=”null”>refused to hear Harper v. Faulkenderon June 30, 2025, the court essentially endorsed the Internal Revenue Service’s sweeping “John Doe” summonses for cryptocurrency records.
By letting a lower court ruling stand, the court confirmed that the century-old third-party doctrine stands for public ledgers just as it does for bank statements. Under the third-party doctrine, information voluntarily shared with another party, like a bank or blockchain, is no longer…

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