Fifth Circuit court of appeals holds that there is no 4th amendment protection that (1) precludes the use of analytics to trace bitcoin transactions or (2) that protects transaction records on an exchange (here, Coinbase). /1
Fifth Circuit court of appeals holds that there is no 4th amendment protection that (1) precludes the use of analytics to trace bitcoin transactions or (2) that protects transaction records on an exchange (here, Coinbase). /1
Fifth Circuit court of appeals holds that there is no 4th amendment protection that (1) precludes the use of analytics to trace bitcoin transactions or (2) that protects transaction records on an exchange (here, Coinbase). /1
Court says that bitcoin transactions on the public blockchain aren't 4th amendment protected (unlike cell tower tracking info the S Ct recently held were) and exchange records are more like bank records./2
There's nothing really surprising about any of this really.
Coinbase doesn't really have much choice. If you keep bitcoin in a hardware wallet it of course doesn't insulate you from criminal liability (DON'T CRIME PEOPLE) but a slightly different result likely obtains.
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