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Feds Tell Court to Shut Down Coinbase User’s Crypto Privacy Battle
Feds Tell Court to Shut Down Coinbase User’s Crypto Privacy Battle
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Another day, another skirmish in the war between crypto autonomy and government oversight. The US Justice Department just fired its latest salvo—urging a federal court to dismiss a Coinbase user’s attempt to shield transaction records from scrutiny.
Privacy play or regulatory overreach? The filing claims public interest in ’combating financial crimes’ outweighs individual crypto privacy concerns. Meanwhile, Wall Street banks still get to move trillions with fewer questions asked—but hey, that’s ’legitimate finance’ for you.
This ain’t just about one trader’s ledger. It’s a precedent-setting clash that could redefine how much financial privacy survives in the decentralized era. Buckle up.
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