In May 2021, Kraken received a summons from the Internal Revenue Service (IRS) demanding that we produce a wide range of records and data relating to our U.S. clients. Kraken convinced the court to substantially reduce the number of clients affected and the amount of client data it would have to produce. However, the court ordered Kraken to produce profile information and transaction histories for a specific cohort of clients.
A Court Order from the Northern District of California, Granting in Part and Denying in Part Petition to Enforce Summons, can be found below:
If you have any questions or concerns please read our FAQ section below:
Why is my personal information being shared with the IRS?
What information is being shared?
Is my information secure?
Can I seek legal help?
When will my information be shared with the IRS?
For further questions, feel free to contact our Support team.