{"id":59926,"date":"2025-10-14T19:13:53","date_gmt":"2025-10-15T02:13:53","guid":{"rendered":"https:\/\/cjnotebook.com\/?p=59926"},"modified":"2025-10-14T19:13:53","modified_gmt":"2025-10-15T02:13:53","slug":"bitcoin-jesus-roger-ver-admits-tax-misconduct-pays-50-million-in-deal-with-feds","status":"publish","type":"post","link":"https:\/\/cjnotebook.com\/?p=59926","title":{"rendered":"\u2018Bitcoin Jesus\u2019 Roger Ver Admits Tax Misconduct, Pays $50 Million in Deal With Feds"},"content":{"rendered":"

LOS ANGELES<\/strong>\u00a0<\/span><\/p>\n

\"\"Roger Ver, a cryptocurrency entrepreneur once nicknamed \u201cBitcoin Jesus,\u201d has admitted to failing to pay U.S. taxes on his bitcoin holdings and agreed to a deferred prosecution deal with federal prosecutors, officials stated.<\/span><\/p>\n

Ver, who renounced his U.S. citizenship in 2014 after becoming a citizen of St. Kitts and Nevis, will pay nearly $50 million in back taxes, penalties, and interest to the Internal Revenue Service. <\/span><\/p>\n

According to authorities, prosecutors stated that his failure to report his bitcoin assets when filing expatriation-related tax returns in 2016 resulted in a $16.8 million loss to the government.<\/span><\/p>\n

\"bitcoin,<\/p>\n

Under the agreement, the Justice Department moved Tuesday to dismiss the indictment against him. Ver acknowledged that his conduct was willful, triggering the maximum penalty of more than $12 million in addition to taxes and interest.<\/span><\/p>\n

\u201cEvery person, whether you\u2019re a millionaire or not, is required by law to pay taxes, and we will not hesitate to hold anyone accountable,\u201d Acting U.S. Attorney Bilal A. Essayli said in a statement.<\/span><\/p>\n

IRS investigators said the case underscored their ability to trace digital assets. \u201cNo matter how sophisticated the technology or the asset, IRS-CI will continue to follow the money,\u201d said Kareem Carter, the agency\u2019s executive special agent in charge.<\/span><\/p>\n

The investigation was handled by the IRS Criminal Investigation Cyber Crimes Unit in Washington, D.C.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

LOS ANGELES\u00a0 Roger Ver, a cryptocurrency entrepreneur once nicknamed \u201cBitcoin Jesus,\u201d has admitted to failing to pay U.S. taxes on his bitcoin holdings and agreed to a deferred prosecution deal with federal…<\/p>\n","protected":false},"author":1,"featured_media":50804,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-59926","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"\n\u2018Bitcoin Jesus\u2019 Roger Ver Admits Tax Misconduct, Pays $50 Million in Deal With Feds<\/title>\n<meta name=\"description\" content=\"LOS ANGELES\u00a0 Roger Ver, a cryptocurrency entrepreneur once nicknamed \u201cBitcoin Jesus,\u201d has admitted to failing to pay U.S. taxes on his bitcoin holdings\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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