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
Uniswap Proposes Protocol Fee Activation Across Multiple Deployments
Hayden Adams, the founder of Uniswap, has proposed activating protocol fees across Uniswap v4 and other network deployments, reigniting a key governance debate in DeFi.
SEC Increases Position Limits for Bitcoin ETF Options
The SEC has approved a significant rule change for options on BlackRock's iShares Bitcoin Trust, raising the position and exercise limits from 250,000 contracts to 1,000,000 contracts.
BNB Chain Reaches $52 Billion in Tokenized Real-World Assets
BNB Chain has reached approximately $52 billion in tokenized real-world assets, marking significant growth in the sector.
Sui Introduces Gas-Free Transfers for Stablecoins
Sui has launched a new feature that allows users to transfer stablecoins without the need to hold the network's native token for transaction fees.
Pumpfun Transfers 81,712 SOL to Kraken, Impacting Solana Market
Pumpfun has transferred a significant amount of SOL to Kraken, raising concerns about selling pressure in the Solana market amidst declining memecoin trading activity.
Bitcoin ETF Inflows Surge Amid Improved Macro Sentiment
Bitcoin ETFs recorded significant net inflows of $1.323 million on July 17, indicating renewed demand for Bitcoin through regulated investment products.
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