US moves to drop Bitcoin advocate Roger Ver’s tax case with $50M deal

https://img-cdn.gateio.im/webp-social/pixel?postId=222763®ionId=1.webphttps://img-cdn.gateio.im/webp-social/0199e39a-7add-7389-856a-ac146f27ba60.webp

A California federal court is closer to dismissing the criminal indictment against Bitcoin advocate Roger Ver, known to many as “Bitcoin Jesus.”

In a Tuesday filing in the US District Court for the Central District of California, the US government filed a proposed order for Judge Michael Fitzgerald to dismiss Ver’s indictment without prejudice.

The government said it reached an agreement with Ver to pay $49.9 million and “all tax, penalties, and interest” on tax liabilities with the Internal Revenue Service (IRS) for his Bitcoin (BTC) holdings.

Law, Roger Ver, Taxes, United States, CrimesSource: PACERThe proposed dismissal came after the US government filed a deferred prosecution agreement in September, laying out conditions for Ver to have his case dismissed. Ver admitted that he had been required to file a statement and pay taxes on certain crypto assets before renouncing his US citizenship in 2014.

This is a developing story, and further information will be added as it becomes available.

  • #Law
  • #Roger Ver
  • #Taxes
  • #United States
  • #Crimes
  • #Regulation Add reaction
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