Bitcoin Jesus" Roger Ver Faces U.S Charges for Tax Fraud, Arrested in Spain
Summary:
The U.S. Justice Department intends to charge Roger Ver, an early Bitcoin investor, with various crimes including mail and tax fraud. Ver, arrested in Spain, allegedly defrauded the IRS of around $48 million by not reporting capital gains from his Bitcoin transactions. He is suspected to have sold a large quantity of Bitcoin, acquired before the known bull run of 2017, for $240 million. The U.S. plans to extradite Ver for trial.
The United States Justice Department has declared its intent to press charges against early Bitcoin booster, Roger Ver, widely known as 'Bitcoin Jesus'. On April 30, it was released that Spanish authorities arrested Ver as a result of numerous allegations issued by the U.S, including mail and tax fraud, and submitting unwarranted tax returns. It is suggested by the U.S government that Ver swindled the Internal Revenue Service (IRS) out of a substantial $48 million for failing to disclose capital gains from his Bitcoin transactions and other assets. The formal accusation asserts that Ver came into possession of approximately 70,000 Bitcoin in June 2017, before the notorious bull run, and sold a significant number of them for a sum of $240 million. Officials in the U.S have expressed their aim to extradite Ver from Spain to United States in order to proceed to court. This is an ongoing case with more details to follow as they emerge.
Published At
4/30/2024 9:49:14 PM
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