US Supreme Court spurns attorney-client privilege fight in crypto tax probe

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The U.S. Supreme Court on Monday threw out a case about the scope of attorney-client privilege involving a law firm's bid to withhold records from prosecutors related to a cryptocurrency-promoting client in a tax investigation.

The unsigned one-sentence ruling "dismissed as improvidently granted" an appeal by an unnamed law firm of court orders holding it in contempt for not turning over records related to one of its clients in response to a federal grand jury subpoena.

The justices did so only two weeks after hearing arguments in the case. Many of the details of the case are unclear, as the names of the law firm and client have been kept from the public record during the normally secretive grand jury probe.