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
Essential Strategies for Mitigating Catastrophic Drawdowns

Essential strategies for mitigating catastrophic drawdowns include dynamic asset allocation, tactical derivatives management, and strict behavioral discipline to enhance portfolio resilience.

The Threat of Catastrophic Portfolio Drawdowns

Catastrophic portfolio drawdowns (CDDs) pose a significant threat to long-term wealth compounding, driven by systemic risks rather than individual company issues.

MOODENG Experiences 250% Surge on Binance Futures Due to Viral Hoax

MOODENG experienced a notable 250% spike on Binance Futures due to a viral hoax regarding a hippo's death.

Pudgy Penguin PENGU Price Analysis Reveals Potential for Recovery

Crypto Spotter analyzes Pudgy Penguin PENGU, indicating potential for recovery as it aims to break its all-time high of 0.068.

Bitcoin and Altcoins Show High Kimchi Premiums in South Korea

Bitcoin and several altcoins are trading at notable premiums in the South Korean market as of December 8.

Strategy Establishes 144 Billion Reserve to Support Dividends Amid Bitcoin Market Challenges

Strategy has created a 144 billion reserve fund to secure dividend payments for up to 21 months, ensuring stability during the Bitcoin market downturn.

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