Roger Ver, known as "Bitcoin Jesus" in the crypto world, has reached out to former President Donald Trump for help in his legal battles concerning tax fraud allegations.
A Storied Career in Crypto
In 2011, Roger Ver discovered Bitcoin when its price was less than $1. Drawn to its potential to disrupt traditional financial systems, he quickly invested heavily in Bitcoin, helping to establish major companies like Blockchain.com, Kraken, and Ripple. His early advocacy earned him the nickname "Bitcoin Jesus." In 2017, Ver became a supporter of Bitcoin Cash, believing that Bitcoin's original vision had been diluted. This led to friction within the Bitcoin community as Ver accused Bitcoin maximalists of abandoning its founding principles.
Facing Legal Charges and Extradition
Ver's legal troubles began in 2022 when U.S. authorities filed charges against him for mail fraud, tax evasion, and filing false tax returns. He is accused of failing to report capital gains from Bitcoin sales in 2017. The charges also allege that Ver undervalued his companies and concealed his personal Bitcoin holdings. If convicted, he faces up to 109 years in prison. Ver is currently under custody in Spain, where he awaits the start of legal proceedings.
Trump’s Influence and Possible Pardon
Ver's appeal to Trump may seem bold, but it's not unprecedented. Trump previously granted clemency to Ross Ulbricht, the creator of the Silk Road platform. This act was widely discussed in the crypto community, with some speculating that Ver may receive similar treatment due to his significant role in the industry.
Ver's complex legal situation has garnered public attention, raising interest in his plea to Donald Trump. Whether this appeal will be heard and its potential impact on Ver's future remains a matter of speculation.