Crypto Evangelist Known as ‘Bitcoin Jesus’ Avoids Prison with $50M Payment to Feds
Roger Ver agreed to pay $49.9 million including taxes, penalties, and interest to resolve charges related to $17 million in unpaid capital gains tax, prosecutors said.
- Roger Ver, known as 'Bitcoin Jesus', reached a tentative deal to pay nearly $50 million to the U.S. Justice Department for tax evasion related to his bitcoin holdings and his U.S. citizenship renunciation in 2014.
- The payment to the IRS includes $49.9 million in back taxes, penalties, and interest for failing to report his bitcoin holdings on tax returns before renouncing his citizenship.
- In January, Ver claimed that his case was politically motivated and appealed to President Donald Trump for help, noting a potential 100-year sentence.
20 Articles
20 Articles
'Bitcoin Jesus' reaches $49.9M deal with feds in LA to dismiss tax charges
LOS ANGELES (KESQ) - An early cryptocurrency evangelist once dubbed "Bitcoin Jesus'' reached a tentative deal today with the U.S. Justice Department to pay nearly $50 million to resolve federal charges alleging he evaded tens of millions of dollars in taxes. Under the agreement, Roger Ver would pay the IRS $49.9 million in back taxes, penalties and interest stemming from his failure to report his bitcoin holdings on tax returns before renounci…
'Bitcoin Jesus' to Settle U.S. Tax, Fraud Charges: NYT
Roger Ver is reportedly close to a settlement with the U.S. Department of Justice over criminal fraud and tax charges filed last year. Early Bitcoin investor and advocate Roger Ver is close to settling tax fraud charges with the U.S. Department of Justice, the New York Times reported Thursday. Often known as “Bitcoin Jesus” due to his early evangelization for the crypto, Ver was indicted last April and arrested in Spain on allegations he failed …
'Bitcoin Jesus' to pay nearly $50 million to settle U.S. tax case
Roger Ver, the cryptocurrency advocate known as “Bitcoin Jesus,” agreed to pay nearly $50 million to resolve a U.S. tax evasion indictment without having to admit any crime, the Justice Department said Tuesday.
‘Bitcoin Jesus’ to Pay Nearly $50 Million to Settle US Tax Case
Roger Ver, the cryptocurrency advocate known as “Bitcoin Jesus,” agreed to pay nearly $50 million to resolve a US tax evasion indictment without having to admit any crime, the Justice Department said Tuesday.
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