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Roger Ver, also known as Bitcoin Jesus and a BTC promoter and investor, has been charged with $48 million in tax evasion.
The news follows an April 30 statement in which the U. S. Department of Justice issued a statement to the U. S. Department of Justice. The U. S. Department of Homeland Security revealed Ver’s arrest by the Spanish government last weekend. Bitcoin Cash Advocate Prosecuted by U. S. GovernmentHe has been charged in the U. S. for defrauding the Internal Revenue Service (IRS).
The revelations show that Ver controlled up to 70,000 BTC in June 2017, before the cryptocurrency market surged. The sale of some of those assets earned him as much as $240 million, according to an indictment dated Feb. 15 and unsealed on April 29.
It is alleged that he hired a law firm that filed false tax returns, underestimating the amount of Bitcoin that he and his two companies, MemoryDealers. com Inc. and Agilestar. com Inc. , owned.
The charges state that Ver defrauded the IRS of about $48 million by failing to report capital gains on his investments. Ver is charged with mail fraud, tax evasion and filing false tax returns.
Following his arrest by the Spanish authorities, the Ministry of Justice plans to extradite him to stand trial in the United States.
See “deserves everything you’re about to get,” said Dan Held, Kraken’s former director of expansion marketing, in an article about X.
It so unbalanced the expectations around Bitcoin that it led to a civil war. You deserve everything you’re about to get.
I paid my taxes. . .
– Dan Held (@danheld) April 30, 2024
This is rarely the first time Ver has been in trouble with the law. He was also sentenced to 10 months in prison for promoting explosives on eBay.
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Lockridge is a journalist and cryptocurrency market analyst with over 1000 articles to his credit. After graduating with a specialized degree in Journalism, Media, and Communications, he has been a component of the cryptocurrency industry for over a year. By making on-chain achievements by analyzing, breaking down the events that trigger the market, and publishing op-eds, you discover the gratification of diving deep into the crypto space,. . .
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