The Supreme Court rejected Monday an appeal to block the Internal Revenue Service from accessing Coinbase Global Inc.'s (NASDAQ:COIN) user data.
What happened: The apex court denied a request from James Harper, a Coinbase account holder, who argued that the summons by the IRS demanding users' transaction data violated their privacy rights under the Fourth Amendment.
Harper filed a lawsuit against the agency in 2020, but it was dismissed by the U.S. District Court for the District of New Hampshire in 2021.
