In the context of a search warrant in a criminal case, the Fifth Circuit Court of Appeals in the United States held that the virtual currency exchange Coinbase was like a “traditional bank.” The details of the case, U.S. v Gratkowski, Case No. 19-50492 (5th Cir. June 30, 2020), are as follows. Richard Gratkowski became the subject of a federal investigation when federal agents began investigating a child-pornography website. To download material from the website,…

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