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 adoption risks highlighted in new educational report
The report outlines several risks associated with AI adoption in education, including errors, bias, and overreliance on AI systems, while emphasizing the need for critical thinking and ethical judgment skills.
Universities urged to adapt education for AI-driven workplaces
A new study emphasizes the need for universities to rethink their teaching methods in light of AI's growing presence in various industries.
Kenya's Capital Markets Authority Seeks Blockchain Surveillance System
The Capital Markets Authority of Kenya is seeking a blockchain analytics platform to monitor the crypto market and enforce compliance with new regulations.
Market Factors Influencing PEPE's Price Rally
PEPE's recent price upswing is attributed to a general memecoin rush and gains in Solana, alongside a slight market rebound.
PEPE Memecoin Experiences Significant Price Rebound
PEPE has rallied by 12% in the last 24 hours and 158% in the last week, despite being down 73% over the last year.
MediaFuse Expands into Mainstream Tech with TechnologyWire
MediaFuse has launched TechnologyWire, a news distribution network for the technology sector, optimizing press releases for AI chatbots and human readers.
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