Roger Ver, also known as 'Bitcoin Jesus,' was granted bail of €150,000 ($163,000) by Spanish authorities while facing extradition to the US for tax fraud charges. The conditions of his bail include surrendering his passport, remaining in Spain, and visiting a Spanish court every two days. Despite attempts by prosecutors to appeal his release, Ver's bail was upheld. The US alleges that Ver defrauded the IRS of over $48 million. His arrest in late April coincided with the release of his book 'Hijacking Bitcoin,' which presents his perspective on Bitcoin's blocksize wars from 2015 to 2017. Ver, the founder of MemoryDealers.com Inc. and Agilestar.com Inc., gained fame for his extensive Bitcoin purchases, earning him the title 'Bitcoin Jesus.' The IRS claims that he provided false information about his Bitcoin holdings to advisors. Ver's lawyer, Jaime Campaner, asserts that Ver maintained contact with US authorities through his lawyers in California, challenging the necessity of his arrest. Stay updated for more insightful news.
Roger Ver Released on Bail Amid US Extradition Request

by Giorgi Kostiuk
2 years ago

Other news
Castle Labs Warns of Overbuilt Crypto Market

Castle Labs warns that the cryptocurrency market is overbuilt, with most tokens likely to lose value unless they demonstrate real business traction.

Bitcoin Mining Difficulty Rebounds, Indicating Network Resilience

Bitcoin mining difficulty has rebounded after a brief dip, indicating renewed miner participation and confidence in Bitcoin's long-term viability.

Jameson Lopp Raises Alarm Over BIP110's Risks

Jameson Lopp escalates his criticism of the BIP110 proposal, warning it could lead to a disruptive Bitcoin chain split.

Coinbase Revenue Growth Amid Regulatory Challenges

Coinbase reported significant revenue growth in stablecoins despite facing regulatory hurdles in the US.

Solana's price indicates potential signs of rebound.

Solana's price is recovering from recent losses, showing positive signs as it trades above key support levels.

Bitcoin's Realized Capitalization Declines, Indicating Market Caution

Recent data shows a decline in Bitcoin's realized capitalization, indicating a cautious market environment.

Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter