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
Technical Indicators Point to Weakness in Oil Prices

Technical indicators suggest that oil is currently overbought and losing momentum after a strong rally, with key Fibonacci levels being tested.

Whale Activity Indicates Bearish Sentiment in Oil Market

Trader Gordon has opened a massive $51 million short position on oil, indicating growing bearish sentiment in the market.

Palantir Recognized as Premier Large-Cap Software Selection by UBS

Palantir is recognized by UBS as the preferred choice among large-cap software companies, positioned to avoid AI-related disruption.

Diversification Beyond AI: Mastercard, Netflix, and American Tower Included in UBS's Picks

UBS includes Mastercard, Netflix, and American Tower in its stock recommendations, highlighting their unique market positions.

Amazon Leads UBS's Stock Selections with Strong AWS Growth Forecast

Amazon is highlighted as the top stock selection by UBS, with a forecasted 38% growth in AWS revenue for the current year.

UBS Reveals 12 High-Conviction Technology Stocks for 2026 Investment Strategy

UBS has unveiled a selection of 12 technology, media, and telecom stocks expected to benefit from artificial intelligence trends.

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