The United States Department of Justice (DOJ) has charged Roger Ver, an early Bitcoin investor known as "Bitcoin Jesus."
On April 30, it was revealed that Spanish authorities arrested Ver following an indictment by the US, which alleges that he evaded taxes, committed mail fraud, and submitted false tax returns.
Did you know?
Want to get smarter & wealthier with crypto?
Subscribe - We publish new crypto explainer videos every week!
How to Use Crypto? 5 Rewarding Strategies Explained (Animated)
This indictment claims Ver didn't report around $48 million in capital gains from sales of Bitcoin and other assets.
The charges state that in June 2017, Ver reportedly controlled about 70,000 BTC, which he sold for around $240 million before the cryptocurrency's bull run later that year.
US authorities are now seeking to extradite Ver from Spain to face trial in the United States. As of this report, he has not publicly commented on the charges.
The crypto community has shown varied reactions to Ver's arrest. Dan Held, a Bitcoin investor and former Kraken executive, expressed strong disapproval of his actions, attributing damage to Bitcoin's community and market expectations:
Roger attacked my livelihood by trying to get me fired, called up others to hurt my relationships, and attacked my reputation. He misaligned expectations around Bitcoin so much that it led to a civil war. He deserves everything that he's about to get. I've paid my taxes accurately.
It is not the first time that Ver has been involved in controversies. In 2022, he also faced allegations regarding a $47 million debt to crypto investment platform CoinFlex.
Such legal challenges mark his disputed role in the crypto world.
