'Bitcoin Jesus' Roger Ver Arrested in Spain, Faces 109 Years for Tax Evasion

February 21, 2025
'Bitcoin Jesus' Roger Ver Arrested in Spain, Faces 109 Years for Tax Evasion
  • Prosecutors allege that Ver concealed 131,000 Bitcoin, valued at approximately $240 million in 2017, resulting in a tax shortfall of $48 million.

  • U.S. authorities claim that Ver failed to report substantial capital gains from Bitcoin sales and did not comply with exit tax procedures, leading to an extradition request.

  • Market predictions indicate only a 10% chance of Ver's release within the first hundred days of Trump's presidency.

  • Ulbricht's pardon was part of Trump's campaign promise to garner support from the crypto community, highlighting the ongoing legal battles faced by figures in the cryptocurrency space.

  • Ver's defense argues that the IRS's interpretation of exit tax law is flawed and that the laws are unreasonably vague, complicating compliance.

  • Ver denies the allegations, citing challenges in submitting an exit tax request due to a lack of liquid markets for Bitcoin at the time.

  • Both Ulbricht and Ver are recognized as early Bitcoin adopters, utilizing its potential while facing severe legal consequences from U.S. tax regulations.

  • Ross Ulbricht, the founder of Silk Road, was granted a full pardon by former President Trump on January 21, 2025, after serving 12 years in prison.

  • Following his release, Ulbricht publicly supported jailed Bitcoin advocate Roger Ver, calling for a movement to 'free Bitcoin Jesus' and expressing gratitude for Ver's support during his own struggles.

  • Roger Ver faces severe legal challenges, including a potential life sentence due to allegations of failing to pay exit taxes after renouncing his U.S. citizenship for residency in Japan in 2014.

  • Ver was arrested in Spain in April 2024 on charges of tax evasion, fraud, and filing false tax returns, stemming from accusations of underreporting capital gains from Bitcoin sales.

  • In a video posted on January 26, 2025, Ver appealed to Trump for assistance, claiming that only Trump's 'commitment to justice' could save him.

Summary based on 4 sources


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