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According to a report from The Wall Street Journal, the hedge fund manager is seeking damages following the disclosure of his personal tax documents. The data, released by the ProPublica news organization beginning in June 2021, specifically mentioned Griffin’s tax data from May and July of that year.
The organization also released details about the finances of other billionaires. Elon Musk and Jeff Bezos, for example, were mentioned.
wsj notes that the situation was “an unusual breach of confidentiality of tax returns.”
In court documentsGriffin, the founder and CEO of Citadelalleges that “IRS personnel knowingly took advantage of the IRS’s failure to establish adequate administrative, technical, and physical safeguards for IRS records and data systems to misappropriate confidential tax return information from the highest-income U.S. taxpayers, including Mr. Griffin, and then unlawfully disclosing those materials to ProPublica for publication.”
Furthermore, the documents state that the self-made businessman is “proud of his success and has always sought to pay his fair share of taxes.”
CNBC shared that the data breach did not list Griffin as one of the low-tax-paying billionaires. In fact, he was the second largest American taxpayer between 2013 and 2018.
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How exactly ProPublica obtained the data is unknown.
At this time, wsj indicates that the US Treasury Department has declined to comment on the situation.
What do you think about Griffin’s lawsuit?
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