As a seasoned crypto investor with years of experience under my belt, I find myself increasingly intrigued by the ongoing saga of Roger Ver, or Bitcoin Jesus as he is affectionately known. Having followed his career closely, I can’t help but feel a sense of deja vu when it comes to his latest brush with the law.
Roger Ver, often referred to as “Bitcoin Jesus,” continues to assert that the accusations made against him by the U.S. Department of Justice (DOJ) are unfounded.
In April, U.S. officials arrested Ver in Spain for allegations including tax evasion, mail fraud, and submitting falsified tax documents.
Currently, US officials are anticipating a court decision to approve the extradition of Ver. To achieve this, prosecutors have built a robust case, alleging that Ver was not truthful regarding the true worth of his assets, including his 131,000 Bitcoins (BTC).
Responding to the allegations, Ver proposed the idea that these could be malicious attempts to tarnish his reputation and persona. In a recent conversation with Tucker Carlson on Tuesday, he mentioned that he was not yet a U.S. citizen or resident when these accusations were made.
Furthermore, it was pointed out by Ver that the actions of the U.S. government may not primarily concern unpaid taxes, but rather their disagreement with him and his championing of Bitcoin.
History of Ver’s Legal Trouble
According to a DOJ report, it was discovered that Ver hadn’t revealed substantial earnings from Bitcoin sales when he gave up his U.S. citizenship in 2014. Furthermore, he also overlooked providing accurate valuations for two of his companies during that period.
Ultimately, Ver managed to escape with a $48 million tax bill following his concealment of roughly $240 million in Bitcoin profits from sales made in 2017, according to the Department of Justice.
In addition, Roger Ver and his legal team maintain that these accusations are false. Furthermore, the ambiguity surrounding current cryptocurrency tax laws makes it challenging to comply with them appropriately.
Additionally, it’s alleged that U.S. prosecutors potentially exploited private conversations, thereby possibly breaching legal safeguards.
Is There a Conspiracy Theory?
It’s intriguing to note that Ver has proposed another theory, suggesting a larger conspiracy might be ongoing. As previously mentioned, Ver maintains that the accusations against him have nothing to do with taxes. Instead, they seem more like an attempt by the government to silence him.
Ver thinks that his pace of advocating for cryptocurrencies poses a direct challenge to the government’s efforts to regulate financial systems.
He spoke of how the government attempted to suppress the original agenda of BTC, which is decentralization. Lastly, he mentioned his recent publication, which he says is an eye-opener to all who care to know exactly how the government meddles with the affairs of the crypto industry.
On December 3rd, specifically, Ver petitioned the court to drop the accusations of tax evasion he’s facing. He contends that these charges contradict the constitution, while also stating that the Internal Revenue Service’s (IRS) exit tax is unclear and difficult to understand.
To relinquish their U.S. citizenship, an individual must first settle all due taxes according to the Expatriation Tax Rule. This means they have to pay all outstanding taxes before they are freed from the American tax system.
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2024-12-11 16:30