Early Bitcoin investor Roger Ver was arrested on suspicion of tax fraud and may be extradited to the United States
Early bitcoin investor Roger Ver has been charged with mail fraud, tax evasion and filing false tax returns, according to The Block. Ver allegedly concealed bitcoin ownership from the IRS and caused a reported loss of $48 million. According to a statement from the Justice Department on Tuesday, Ver was charged with mail fraud, tax evasion and filing false tax returns. Ver was arrested in Spain this weekend and could be extradited to the United States.
Roger Ver renounced his U.S. citizenship on February 4, 2014, and after moving abroad, U.S. law required Roger Ver to file tax returns reporting capital gains from the sale of his assets worldwide, including Bitcoin, and was required to pay taxes on those capital gains.
Ver was a resident of Santa Clara, California, but allegedly renounced his U.S. citizenship in 2014 after obtaining it in St. Kitts and Nevis. Known online as "Bitcoin Jesus," he is the former CEO of digital wallet developer Bitcoin.com.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trump's investment account recorded net purchases exceeding $49 millions in June, with financial and defense stocks becoming major holdings, and over a thousand trades executed!
In June, Trump's investment account completed over 1,000 stock trades, with net purchases exceeding $49 million. There were million-dollar level buys in Berkshire Hathaway, Visa, and Mastercard, with financial stocks surpassing tech stocks to become the largest holding sector for the month. The White House insists that the President himself is completely unaware of the trades; all decisions are executed automatically by an independent manager using computer models.
Wells Fargo: Bullish outlook predicts gold price rising to $4,900
BlackRock lifts Qiagen voting rights to 12.89%, AFM filing shows
Crypto prices
More
