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
Sam Bankman-Fried Withdraws His Request for a New Trial
Sam Bankman-Fried has officially withdrawn his request for a new trial, believing he would not receive a fair hearing.
Polymarket Traders Cash In on Temperature Spikes in Paris
Traders on Polymarket made significant profits from unusual temperature spikes reported by Météo France, leading to a police complaint.
Regulatory Scrutiny Intensifies for Prediction Markets After Polymarket Incident
The recent betting incident involving Polymarket has raised significant concerns regarding the integrity of prediction markets, prompting bipartisan US senators to introduce legislation aimed at banning such platforms from offering sports-related wagers.
Tether Freezes $344 Million in USDT in Coordination with US Authorities
Tether has frozen over $344 million in USDT across two Tron addresses as part of a compliance action with US authorities.
Surveillance Accountability Act Introduced to Protect Digital Privacy
The Surveillance Accountability Act was introduced to require federal agencies to obtain a warrant based on probable cause before accessing Americans' digital records.
Uzbekistan Launches New Crypto Mining Zone to Boost Economy
Uzbekistan has launched a new state-sanctioned crypto mining zone in Karakalpakstan to attract foreign investment and stimulate economic activity.
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