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
Bitcoin Enters DCA Zone Amid Market Uncertainty
Bitcoin's price has entered a dollar-cost averaging (DCA) zone, indicating potential accumulation opportunities as market sentiment declines.
Mixed Signals in Dogecoin Network Activity
Recent analysis indicates mixed signals in Dogecoin's network activity, with an increase in active addresses and transaction counts, but a decline in overall market strength.
Dogecoin Exchange Reserves Show Slight Decline
Dogecoin exchange reserves have decreased by 0.20% in the last day and 0.60% in the last week, indicating a potential shift in market dynamics.
Dogecoin Enters Depressed Valuation Zone
Dogecoin has entered a deeply depressed onchain valuation zone, trading significantly below its realized price, indicating potential capitulation among holders.
Co-Conspirator Charged in Crypto Fraud Case
Brandon Michael Tardibone, 28, has been charged with conspiracy to commit money laundering and harboring an alien in connection with a crypto fraud scheme.
Canadian Teen Indicted for Alleged Crypto Fraud Scheme
A Canadian teenager, Trenton Richard David Johnston, has been indicted for allegedly running a multimillion-dollar crypto fraud operation from Miami, causing over $13 million in losses.
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