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
Bitcoin Halving Cycle Indicates Bottoming Phase
Crypto Rover shares a Bitcoin halving cycle chart suggesting BTC is in a bottoming phase, similar to previous cycles.
Market Anticipation for Bitcoin Surge
Experts predict a significant return of retail investors to Bitcoin as institutional buying increases. Many believe that once institutions finish loading up on Bitcoin and start pushing the price, retail investors will return to the market, especially if a sudden price surge occurs.
Analysts Predict 69% Chance Bitcoin Hits $50,000 Before $100,000
Analysts predict a 69% chance that Bitcoin will reach $50,000 before hitting $100,000.
Coinbase Introduces High Yield DeFi Vault for Users
Coinbase has launched the Steakhouse Financial High Yield USDC Vault, enabling users to earn enhanced savings rates through a new DeFi product.
Anthropic Disputes Government's Evidence for AI Model Shutdown
Anthropic disputes the government's evidence for the shutdown of its AI models, claiming the reported vulnerabilities do not warrant such drastic measures.
Market Reacts to Anthropic's AI Model Suspension
The recent directive from the US government to suspend access to Anthropic's AI models has triggered notable market reactions, especially in pre-IPO linked trading.
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