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
Chainlink CCIP v16 Upgrade Enhances Interoperability with Solana Support
Chainlink has announced the release of its CCIP v16 upgrade, which enhances interoperability by introducing support for Solana and improving flexibility across various virtual machine designs.
XRP Holds Above Key Psychological Level Amid Market Uncertainty
XRP is trading around the critical $1 level, which is being closely monitored by traders as the cryptocurrency market awaits direction.
Open Standard Launches Open USD Stablecoin to Challenge Market Leaders
Open Standard has launched Open USD, a dollar-backed stablecoin supported by over 140 businesses, aiming to challenge market leaders Tether and Circle.
Solana's Price Drops Below 80 Amidst Ongoing Ecosystem Development
Solana's price has fallen below the 80 mark, raising caution among traders, but the ecosystem continues to grow with real-world assets and DeFi activities.
Revised Editorial Guidelines Target Improved Content Quality.
A new editorial policy has been established to ensure accuracy, relevance, and impartiality in content.
New Editorial Policy Launched to Ensure Content Quality
A new editorial policy has been established to enhance the quality of content.
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