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
Ethereum Buy Orders Surge as Whales Go Long

Buy orders for Ethereum are rising as whales show strong confidence and interest in the cryptocurrency market.

Ethereum Supply Concentration Among Whales Reaches New High

The concentration of Ethereum among large wallet holders has surged, with whales now controlling over 22% of the total supply.

Cardano Enhances Connectivity with Major Blockchain Networks

Cardano is making significant strides in improving its interoperability with other major blockchain networks, enhancing user experience and opportunities.

Ethereum Developer Recovers 1,000 ETH from 2016 ICO

An Ethereum developer known as 0xFlorent has successfully recovered over 1,000 ETH from a failed 2016 crypto project, allowing 48 original investors to claim their previously inaccessible funds.

Ripple's Payment Documentation Sparks Interest Among XRP Supporters

A directory in Ripple's Payments documentation has revealed over 500 financial institution identifiers, renewing interest in XRP's potential role in global payments.

XRP Ledger's Resilience Under Attack Conditions Stressed by Analysts

Analysts emphasize the XRP Ledger's ability to withstand extreme conditions and attacks, making it a reliable choice for financial infrastructure.

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