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
Ripple CEO Announces No Plans for Immediate IPO

Ripple CEO Brad Garlinghouse confirmed that the company has no immediate plans to go public, focusing instead on institutional adoption.

Blockchain.com Confidentially Files for US IPO

Blockchain.com has confidentially filed for a US IPO with the SEC, starting the process to go public alongside other crypto firms.

South Korean Crypto Tax Petition Gains Momentum

A petition to abolish the crypto taxation framework in South Korea has gained significant traction, surpassing 53,000 signatures as of May 21, 2023.

Grayscale Confirms GHYP Ticker for Hyperliquid ETF

Grayscale has submitted an amendment to its HYPE ETF application, confirming the GHYP ticker for its upcoming Hyperliquid ETF.

OKX to Introduce New Perpetual Futures Linked to Brent and WTI Crude

OKX plans to launch new perpetual futures contracts linked to Brent and WTI Crude in collaboration with ICE, aiming to bridge traditional finance with digital trading.

HYPE as a Leading Indicator for Altcoin Momentum

HYPE is viewed as a key indicator for altcoin momentum, signaling a return of risk appetite in digital assets.

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