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
Iran War Drives Up Borrowing Costs and Inflation

The ongoing conflict in Iran has led to a significant increase in borrowing costs for US consumers, with rising mortgage rates and inflation pressures.

Larry Fink Stresses Importance of Digital Assets for BlackRock's Future

Larry Fink emphasizes the importance of digital assets in BlackRock's business strategy, identifying potential growth areas for future revenue expansion.

Lido Finance Expands Offerings with New Vaults and Earn Products

Lido Finance has launched new Vaults and Earn products to diversify its offerings as Ethereum staking yields decrease.

Visa and Bridge Expand Stablecoin-Linked Card Programs

Visa and Bridge are set to expand stablecoin-linked debit cards to over 100 countries, enhancing access to crypto payments.

Investors Urged to Remain Vigilant as April Fools' Pranks Sway Cryptocurrency Markets

Investors are urged to stay vigilant as April Fools' Day approaches, with potential pranks in the cryptocurrency market leading to price volatility.

Beware of Deception Strategies for Navigating April Fools in Crypto

As April Fools Day approaches, new participants in the crypto sector are warned about potential misleading pranks that could impact the market.

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