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
Tesla's Q2 Earnings Report to Highlight Bitcoin Holdings

Tesla's upcoming Q2 earnings report is set to focus on the company's Bitcoin holdings, with investors eager to see if the 11,509 BTC treasury position remains unchanged.

Bitcoin Developers Propose BIP361 for Quantum-Resistant Security

Bitcoin developers have introduced BIP361, a draft proposal aimed at preparing the network for a transition to quantum-resistant signature schemes.

Staking Rewards Could Transform Institutional Crypto Products

Grayscale's proposal may influence how institutional investors perceive staking rewards in crypto products.

Grayscale Proposes Cash Payouts for Staking Rewards

Grayscale is proposing changes to its Ethereum and Solana trust structures to allow cash payouts for staking rewards, targeting a date around August 7, 2026.

US Spot Bitcoin ETFs Experience Modest Recovery with Net Inflows

US spot Bitcoin ETFs have recorded a second consecutive week of net inflows, totaling approximately $757 million, indicating a potential stabilization in institutional demand.

Buterin's Demo Explores Privacy and Moderation in Crypto

The demo showcases a unique approach to balancing user privacy with the need for moderation in online platforms.

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