"Bitcoin Jesus" Roger Ver pays nearly $50 million to settle U.S. tax case

ChainCatcher news, according to Bloomberg, cryptocurrency advocate Roger Ver, known as the "Bitcoin Jesus," paid nearly $50 million to resolve U.S. tax evasion charges without admitting to any crime.

The U.S. Department of Justice stated on Tuesday that prosecutors agreed to drop the charges against Ver. In a deferred prosecution agreement, Ver acknowledged that after renouncing his U.S. citizenship in 2014, he failed to pay all taxes owed to the IRS when selling Bitcoin. Prosecutors had previously accused Ver of profiting from the sale of $240 million worth of crypto tokens, evading over $48 million in taxes. He was arrested by Spanish authorities but was released on bail in Mallorca.

After Trump's return to the White House, Ver lobbied on social media for his case and requested a pardon. Ver's lawyer later withdrew the pardon request and negotiated the agreement announced on Tuesday. Ver agreed not to seek a tax refund for the next three years. The documents state that if he violates the agreement, prosecutors can seek to reinstate the charges against him.