Roger Ver, an early cryptocurrency investor famously dubbed “Bitcoin Jesus,” has agreed to pay $50 million to settle US tax charges, the Department of Justice announced on Tuesday. Ver, who renounced his US citizenship in 2014 and moved to the Caribbean nation of St. Kitts and Nevis, was accused of failing to fully disclose his bitcoin assets to US tax authorities at the time of his expatriation. According to the Justice Department, Ver was indicted on federal tax evasion charges for underreporting his cryptocurrency holdings. As part of a deferred prosecution agreement, Ver will pay $50 million in back taxes, penalties, and interest, effectively resolving the case. “We are pleased that Mr. Ver has taken responsibility for his past misconduct and fulfilled his obligations to the American public,” said Associate Deputy Attorney General Ketan Bhirud in a statement. Would you like me to make this version shorter and more headline-style, like for a news bulletin or social media post? “This resolution sends a clear message: whether you deal in dollars or digital assets, you must file accurate tax returns and pay what you owe.” SpaceX and Tesla founder Elon Musk said earlier this year that he was exploring a pardon for Ver from President Donald Trump.
‘Bitcoin Jesus’ agrees to pay $50 million to settle US tax evasion case
