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
Joseph Lubin's Wallet Moves 80,001 ETH, Sparking Market Panic
A wallet linked to Ethereum cofounder Joseph Lubin has moved 80,001 ETH for the first time in over three years, causing market concern.
Whales React to Market Conditions Amid ETH Transfers
In the wake of significant ETH transfers, various crypto whales are displaying contrasting strategies, with some selling and others buying back into the market.
Ethereum Experiences Significant Price Drop Below $1,800
Ethereum's price has recently crashed below the $1,800 mark, reaching a low of $1,536, raising concerns among investors about its future performance.
Ethereum's RSI Reaches Lowest Point Since 2015
Ethereum's monthly RSI has dropped to around 40, its lowest since 2015, following a price crash below $1,800, raising speculation about potential future price movements.
Dormant SHIB Wallet Reactivated, Transferring Billions of Tokens
A long-dormant Shiba Inu wallet has been reactivated, transferring nearly 400 billion tokens, raising questions about market implications.
Shiba Inu Futures Positions Liquidated Amid Market Turmoil
Over 382,000 Shiba Inu futures positions were liquidated in a single day, primarily impacting long traders.
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