Bitcoin Investor Settles US Tax Evasion Case
Roger Ver, known as "Bitcoin Jesus," has agreed to pay $50 million to settle US tax charges.
Ver, who renounced his US citizenship in 2014, was accused of failing to disclose his bitcoin assets to US tax authorities.
- Accused of underreporting cryptocurrency holdings
- Agreed to pay $50 million in back taxes, penalties, and interest
Ver has taken responsibility for his past misconduct and fulfilled his obligations to the American public
- Associate Deputy Attorney General Ketan Bhirud
Author's summary: Roger Ver settles tax evasion case for $50 million.