Non Cult Crypto News

Non Cult Crypto News

in ,

Roger Ver claims US targets him for Bitcoin advocacy, not taxes

Roger Ver, known as “Bitcoin Jesus,” contests US DOJ tax evasion charges, alleging political retaliation over his crypto advocacy.

COINTELEGRAPH IN YOUR SOCIAL FEED

Roger Ver, widely known as “Bitcoin Jesus” for his early promotion of cryptocurrency, is contesting charges made against him by the United States Department of Justice (DOJ).

Ver, who renounced his US citizenship in 2014, was arrested in Spain in April. US authorities are seeking his extradition on charges including tax evasion, mail fraud and filing false tax returns.

Prosecutors claim Ver undervalued his assets and failed to report ownership of approximately 131,000 Bitcoin (BTC). However, he denied the allegations in an interview with Tucker Carlson on Dec. 10.

“I wasn’t an American citizen or living in the US at the time these claims were made,” Ver said during the interview. He accused the US government of being “angry” not about taxes but about his “lack of obedience.”

Related: Roger Ver moves to dismiss US tax evasion charges as ‘unconstitutional’

Legal history

According to the DOJ, Ver failed to report significant capital gains from Bitcoin sales and underreported the value of two companies when he renounced his US citizenship in 2014. Prosecutors allege Ver concealed 131,000 BTC, worth nearly $240 million at the time of sale in 2017, leading to a $48 million tax shortfall.

Ver’s defense argues the allegations are outdated and stem from ambiguous cryptocurrency tax laws. His legal team also contends that US prosecutors misused confidential communications and violated legal protections.

Related: Roger Ver posts bail in Spain, faces extradition to the US

Political retaliation claims

In the interview with Carlson, Ver insisted that the charges don’t stem from tax charges but from his high-profile promotion of cryptocurrencies, which he believes threatens government control of money systems.

He also alleged that US intelligence agencies orchestrated a campaign to suppress BTC’s original goal of decentralization. 

The BTC evangelist also linked his indictment to the recent publication of his book, which he claims exposes government interference in the cryptocurrency industry.

Related: Bitwise predicts 2025 as year for crypto IPO — Kraken, Circle to go public

Tax evasion charges dismissal

On Dec. 3, Ver moved to dismiss the US tax evasion charges by claiming the case was “unconstitutional,” arguing that the Internal Revenue Service’s (IRS) exit tax was “inscrutably vague.”

In the filing, he claimed that the charges relied on “provisions of the US tax laws” that were unclear about the “application to digital assets of the kind that underlie the charges.”

The IRS’ exit tax requires that all US citizen pay all required taxes before renouncing their citizenship and removing themselves from the country’s taxation system.

Magazine: ‘Normie degens’ go all in on sports fan crypto tokens for the rewards

This article first appeared at Cointelegraph.com News

What do you think?

Written by Outside Source

Ethereum price still weak despite strong ETF inflows

KOMA up 200% following DWF Labs backing and exchange listings

Back to Top

Ad Blocker Detected!

We've detected an Ad Blocker on your system. Please consider disabling it for Non Cult Crypto News.

How to disable? Refresh

Log In

Or with username:

Forgot password?

Don't have an account? Register

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

To use social login you have to agree with the storage and handling of your data by this website.

Add to Collection

No Collections

Here you'll find all collections you've created before.