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9h ago

Roger Ver Reaches Deferred Prosecution Deal, Pays $49.9 Million in U.S. Crypto Tax Case

The deferred prosecution stems from undisclosed bitcoin tied to his 2014 expatriation.

DOJ confirms ‘Bitcoin Jesus’ Roger Ver’s $49.9 million tax deal
Roger Ver at a crypto conference in 2018.
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Roger Ver, known as “Bitcoin Jesus,” has agreed to pay the federal government almost $50 million to resolve charges of tax evasion. He gave up his U.S. citizenship in 2014. (2016 photo courtesy of Roger Ver via Wikipedia)

Overview

  • Prosecutors filed a deferred prosecution agreement in Los Angeles and moved to dismiss the indictment after a one‑month compliance period.
  • Ver admitted willfully failing to report all bitcoins on expatriation returns, causing a $16,864,105 tax loss and incurring more than $12 million in penalties plus interest.
  • The nearly $49.9 million payment covers back taxes, civil penalties, and interest, with specified forfeiture and court supervision until all terms are satisfied.
  • Ver renounced U.S. citizenship in 2014 after obtaining St. Kitts and Nevis citizenship and was arrested in Spain in April 2024 as the U.S. sought extradition.
  • Multiple outlets and analysts describe the resolution as part of a broader shift in U.S. crypto enforcement toward recovery and compliance-focused settlements.