$48 Million Salvation: ‘Bitcoin Jesus’ Roger Ver Settles Tax Fraud Case

Source Bitcoinist

Roger Ver, the early Bitcoin promoter often called “Bitcoin Jesus,” has reached what reports describe as a tentative deal to resolve a US criminal tax case by paying about $48 million.

According to prosecutors, the payment would settle alleged tax shortfalls tied to his cryptocurrency holdings from 2014 through 2017. The agreement is not yet final and must be approved by a federal court.

Settlement Details And Court Review

Based on reports, the deal is structured as a deferred-prosecution agreement. That means charges could be dropped if Ver meets the terms laid out by prosecutors and the court.

The agreement has not been filed with the judge, and legal observers say the judge could change parts of it or reject it. Extradition and earlier arrest actions remain part of the case’s public record.

Ver was arrested in Spain after the indictment was unsealed in April 2024 and US authorities later sought his transfer.

Allegations And Asset Valuation

According to court filings and public statements by the Department of Justice, prosecutors say “Bitcoin Jesus” and companies tied to him held roughly 131,000 BTC at the time he left the US in 2014.

That stash was valued at about $114 million in the filings, prosecutors say, and they applied rules about expatriation that treat assets as if they were sold the day before someone renounces citizenship.

The government’s math led to an asserted tax liability of roughly $48 million for the years in question.

Charges in the case include tax-related counts and mail fraud, based on accusations that Ver underreported personal holdings and downplayed distributions from firms he controlled. Those charges remain on the public docket until any court signs off on a final settlement.

Bitcoin Jesus: Legal Team And Political Links

Reports have disclosed that Ver hired lawyers with ties to high-profile Bitcoin and political figures. Media outlets also say he paid $600,000 to Trump ally Roger Stone as part of lobbying efforts, and those payments have drawn attention from commentators on both sides of the political aisle.

Some observers are watching whether political connections affect how crypto enforcement is handled under US President Donald Trump’s administration, while others urge caution and point to the need for legal facts to guide any conclusion.

Featured image from Pexels, chart from TradingView

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