U.S. Department of Justice indicts Roger Ver on tax fraud charges

U.S. Department of Justice officials have announced charges against early Bitcoin (BTC) investor Roger Ver, known to many as ‘Bitcoin Jesus’.

The Justice Department said in an April 30 notice that Spanish authorities arrested Ver on suspicion of crimes in the United States, including mail fraud, tax evasion and filing false tax returns. The U.S. government alleged that Ver defrauded the Internal Revenue Service (IRS) of about $48 million by failing to report capital gains on the sale of Bitcoin and other assets.

According to the indictment, Ver allegedly took control of approximately 70,000 shares in June 2017, prior to the now-famous bull market, and sold many of them for $240 million. U.S. officials have said they plan to extradite Ver from Spain to the United States to stand trial.

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