X Asks Supreme Court to Shield Coinbase Users From IRS Probe (1)

Elon Musk’s X is urging the US Supreme Court to shield companies from being forced to disclose sensitive user financial data under “suspicionless” subpoenas issued by federal law enforcement agencies.

The social media platform owned by the world’s richest person asked the justices to revisit a lower-court ruling allowing the Internal Revenue Service to enforce a subpoena for a Coinbase customer’s transaction records in a tax probe aimed at more than 14,000 users of the cryptocurrency exchange.

Read More: Coinbase Loses Bid to Block U.S. Tax Probe of Bitcoin Gains

Lawyers for X, which says it stores subscription ...