On Nov. 23, the firm reported one its users received a worrying notice from the IRS. The document in question was a CP2000 Notice claiming that he had underreported his 2018 income to the tune of $250,000 by failing to include his cryptocurrency investing activity on his taxes.

Just because crypto trading cost you $2,000 doesn't mean the IRS won't think you made $250,000 (Photo: PxFuel)