Background
Roger Ver, known as “Bitcoin Jesus” for his early evangelism of Bitcoin and Bitcoin Cash, was indicted in April on charges alleging failure to file U.S. tax returns on proceeds from selling “tens of thousands” of bitcoins after renouncing U.S. citizenship. Ver was arrested in Spain and fought extradition before the case advanced in U.S. courts.
Settlement Details
The New York Times reports that Ver and the U.S. Department of Justice have negotiated a settlement under which Ver would remit roughly $48 million to cover the taxes owed. Exact terms, including penalties and potential admission of wrongdoing, have not been finalized and await court approval.
Court Process
A federal judge in Los Angeles has scheduled a hearing for December 15, 2025, to review the proposed deal. Both the DOJ and Ver’s representatives have declined public comment. The settlement must satisfy legal standards for fairness and restitution before being entered into the record.
Political and Industry Context
Ver’s case highlights shifting U.S. regulatory attitudes under the Trump administration, which has pardoned multiple crypto figures and signaled a more permissive stance on digital assets. The outcome may set precedents for enforcement of tax obligations in decentralized finance and crypto trading.
Reporting Journal: CoinDesk | Source: New York Times.
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