• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Roger Ver Challenges Tax Evasion Allegations

user avatar

by

4 days ago


Roger Ver, known in the cryptocurrency industry as 'Bitcoin Jesus,' is currently facing charges of $50 million tax evasion. These allegations are part of a broader case involving eight counts of tax discrepancies.

Charges Against Roger Ver

Prosecutors claim that Ver failed to file taxes for Bitcoin transactions worth $240 million, where $50 million of these were taxable in 2017. He is also accused of undervaluing his assets when he renounced his US citizenship in 2014 to evade exacerbated expatriation taxes.

Roger Ver's Defense

Ver's lawyers, including Steptoe LLP and Kimura London & White, assert that there was government misconduct. The defense claims that Ver relied on advice from his advisors to ensure compliance with the law. An email from 2013 shows Ver's intention to avoid future disputes with the IRS.

Criticism from Crypto Community

The crypto community voices criticism towards the U.S. Department of Justice. Civil rights attorney Robert Barnes views this as a case of selective enforcement. Economist Peter Schiff also supports Ver, stating that the exit tax is unconstitutional.

Roger Ver continues to challenge the tax evasion charges, emphasizing that they are politically motivated due to his criticism of cryptocurrency regulation. The situation draws significant attention from both the legal and crypto communities.

0

Share

Other news

OFAC Imposes Sanctions on Russian Money Laundering Network Using Cryptocurrencies

OFAC announced sanctions on a money laundering network using cryptocurrencies including Tether (USDT).

user avatar

a few seconds ago

Potential $2 Surge for Cardano: Dan Gambardello's Analysis

Cardano may soon hit $2, claims analyst Dan Gambardello, based on historical cycle analysis and current market momentum.

user avatar

a few seconds ago

Cardano Foundation Hacked: SEC Lawsuit

Message about SEC lawsuit against Cardano Foundation might be due to their account being hacked.

user avatar

a minute ago

Urolithin A and Akuma Inu top the growth chart: Bitcoin reclaims $100,000

Urolithin A and Akuma Inu lead cryptocurrencies; Bitcoin once again reaches $100,000.

user avatar

28 minutes ago

Crypto Market Liquidates $676 Million: MetaMask and Plus Wallet Offer Solutions

Crypto market shaken by $676 million in liquidations. MetaMask and Plus Wallet provide new opportunities to users.

user avatar

an hour ago

Insights into Altcoin Growth in 2025: SUI, XRP, and Solana

Explore the major trends in the 2025 altcoin market, including SUI and XRP growth and Solana's outlook.

user avatar

an hour ago

dapp expert logo
© 2020-2024. DappExpert. All rights reserved.
© 2020-2024. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.