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
AI Payments Drive Increased Stablecoin Usage

The emergence of machine-to-machine payments is contributing to the rising frequency of stablecoin transactions.

Ripple CEO Highlights Risks of US Regulatory Inaction

Ripple CEO Brad Garlinghouse warns that US regulatory inaction could lead to a loss of competitive edge in the crypto space, driving innovation and capital to more favorable jurisdictions.

Bitcoin Retests Bearish Flag Pattern Amid Market Volatility

Bitcoin is currently retesting a bearish flag pattern, with analysts warning of potential further declines.

Investor Sentiment Shifts Due to Economic Concerns

Investor sentiment shifted significantly in the digital asset market due to inflation fears, changing expectations around US interest rates, and rising tensions in the Middle East.

Binance and Hyperliquid Integrate Real-World Assets Trading

Binance and Hyperliquid are expanding their trading offerings to include real-world assets, leading to increased trading volume, particularly in crude oil.

Binance to Launch 247 Perpetual Futures Trading in Crude Oil and Natural Gas

Binance is set to launch 247 perpetual futures trading for WTI crude, Brent crude, and natural gas on April 1, offering contracts with up to 100x leverage.

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