Roger Ver, the prominent investor dubbed the “Bitcoin Jesus,” has settled a U.S. tax evasion indictment by paying up to $49.9m without admitting guilt. The Justice Department announced that prosecutors will dismiss the indictment after Mr. Ver acknowledged failing to pay taxes on Bitcoin sales following his renunciation of U.S. citizenship in 2014. He was charged with evading over $48m in taxes from profits on $240m in crypto tokens; his lawyers initially sought a pardon from Donald Trump but later negotiated the settlement. Associate Deputy Attorney General Ketan Bhirud emphasized the importance of accurate tax filings, stating, “This resolution sends a clear message: Whether you deal in dollars or digital assets, you must file accurate tax returns and pay what you owe.” “I am very grateful this case has been dismissed and appreciate the Trump administration’s leadership and professionalism in working towards this final resolution,” Mr. Ver said in a statement. The former chief executive of the digital wallet developer Bitcoin.com began acquiring the cryptocurrency bitcoin in 2011 and actively promoted it. The case is United States v. Ver, 24-cr-103, in the U.S. District Court for the Central District of California.
‘Bitcoin Jesus’ pays $50m tax bill
29 responses to “‘Bitcoin Jesus’ pays $50m tax bill”
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