BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home BREAKING NEWS

U.S. Charges Former Bitcoin Advocate Roger Ver with Tax Evasion

by Matoy
May 1, 2024
in BREAKING NEWS, CRYPTO, POLITICS, SOCIAL
Reading Time: 2 mins read
A A
1
SHARES
23
VIEWS
Share on XShare in TelegramShare on Reddit
  • Roger Ver, a popular figure in the early days of Bitcoin, faces tax evasion charges in the U.S. following his arrest in Spain.
  • Critics within the cryptocurrency community view the charges as unjust, citing Ver’s renounced U.S. citizenship and compliance with Japanese tax laws.
  • The case has sparked a debate over the U.S. government’s approach to cryptocurrency regulation and its international legal reach.

Roger Ver, once a vocal advocate for Bitcoin and later Bitcoin Cash, has been arrested in Spain on charges of tax evasion brought by the United States. This development has led to widespread criticism from cryptocurrency enthusiasts who argue that the U.S. Department of Justice is overreaching, especially since Ver renounced his American citizenship in 2014 and has been living in Japan.

Despite his renunciation, U.S. authorities claim that Ver failed to pay taxes on $48 million worth of cryptocurrency gains in 2017. This arrest has not only ignited controversies within the crypto community but also raised questions about the extent of U.S. legal influence.

ICYMI: Early #Bitcoin investor Roger Ver was arrested yesterday for failing to pay taxes on $48 million in crypto gainshttps://t.co/UZYUFdLCTE

— BlockNews.com (@blocknewsdotcom) May 1, 2024

Reactions from the Crypto Community

Many industry veterans have voiced their disapproval of the U.S. government’s actions. Paul Sztorc, CEO of LayerTwo Labs, pointed out that Ver has been compliant with tax regulations in both the U.S. and Japan for nearly a decade, underscoring the perceived injustice of the arrest. Kim Dotcom, another notable figure in the digital currency space, described the charges against Ver as part of a broader governmental backlash against those who oppose its policies.

Broader Implications

The case is being closely watched as it may have significant implications for the cryptocurrency industry, particularly concerning how U.S. laws apply to its citizens and former citizens living abroad. Jane Adams, a 2024 U.S. House of Representatives candidate and Bitcoin supporter, criticized the arrest as an assault on freedom of expression, linking it to Ver’s advocacy for press freedom and his criticism of U.S. policies.

As the legal proceedings continue, the cryptocurrency community remains divided. Some, like Dan Held, have expressed support for the arrest, highlighting Ver’s controversial shift in support from Bitcoin to Bitcoin Cash. The incident underscores ongoing tensions within the crypto space and between the community and U.S. regulators.

Tags: DOJRoger VerUS
TweetShareShare

DON'T MISS THESE! HOT OFF THE PRESS

U.S. SEC Shares Vision to Make America the Crypto Capital of the World: Here is How
BITCOIN

U.S. SEC Shares Vision to Make America the Crypto Capital of the World: Here is How

August 15, 2025
Federal Reserve Ends Program That Increased Crypto Scrutiny in Banks: What You Need to Know
CRYPTO

Federal Reserve Ends Program That Increased Crypto Scrutiny in Banks: What You Need to Know

August 15, 2025
BONK Holds Steady Amid Heavy Institutional Activity: Here is What Big Money is Watching
CRYPTO

BONK Holds Steady Amid Heavy Institutional Activity: Here is What Big Money is Watching

August 15, 2025
XRP Targets Bold New Highs as Bullish Breakout Gains Momentum: Here are the Levels to Watch
CRYPTO

XRP Targets Bold New Highs as Bullish Breakout Gains Momentum: Here are the Levels to Watch

August 15, 2025
Ethereum’s Surge Could Set Off a Shiba Inu Breakout
CRYPTO

Ethereum’s Surge Could Set Off a Shiba Inu Breakout

August 15, 2025
XRP on the Brink of a Monumental Breakout: $3.33 Resistance Could Unleash a Rally Toward $5.85
CRYPTO

XRP on the Brink of a Monumental Breakout: $3.33 Resistance Could Unleash a Rally Toward $5.85

August 15, 2025
Load More

Related News

U.S. SEC Shares Vision to Make America the Crypto Capital of the World: Here is How

U.S. SEC Shares Vision to Make America the Crypto Capital of the World: Here is How

August 15, 2025
Federal Reserve Ends Program That Increased Crypto Scrutiny in Banks: What You Need to Know

Federal Reserve Ends Program That Increased Crypto Scrutiny in Banks: What You Need to Know

August 15, 2025
BONK Holds Steady Amid Heavy Institutional Activity: Here is What Big Money is Watching

BONK Holds Steady Amid Heavy Institutional Activity: Here is What Big Money is Watching

August 15, 2025
XRP Targets Bold New Highs as Bullish Breakout Gains Momentum: Here are the Levels to Watch

XRP Targets Bold New Highs as Bullish Breakout Gains Momentum: Here are the Levels to Watch

August 15, 2025
Ethereum’s Surge Could Set Off a Shiba Inu Breakout

Ethereum’s Surge Could Set Off a Shiba Inu Breakout

August 15, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve Finance FTX grayscale Memecoin metaverse Microstrategy NFT NFTs opinion PEPE ripple sec Shiba Inu Solana Stablecoin Web3 X xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.