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
Massive Data Leak from Misconfigured Chatbot Database
A security researcher discovered 300 million messages from 25 million users in a publicly accessible database due to a misconfigured backend.
Institutional Adoption Could Propel XRP Price to $8
Institutional adoption is seen as a key factor that could drive XRP's price to $8, especially after the SEC lawsuit settlement.
Settlement of SEC vs Ripple Lawsuit Boosts XRP Investor Sentiment
The settlement of the SEC lawsuit against Ripple in 2025 has led to increased investor confidence and a rise in XRP's price.
Trump Media Technology Group Reports Significant Financial Losses
Trump Media Technology Group reports a net loss of over $700 million due to volatility in digital assets.
Trump Media Technology Group Plans Potential Spinoff of Truth Social
Trump Media Technology Group is considering spinning off its social media platform, Truth Social, into a separate publicly traded company due to significant financial losses.
Ethereum Spot ETFs Break Negative Streak with Positive Inflows
Ethereum Spot ETFs have recorded their first positive inflows in six weeks, totaling 804.6 million, ending a five-week negative streak.
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