Overview
- The New York Times reported that Ver agreed to pay roughly $48 million in a deal that, if completed, would see prosecutors dismiss the charges.
- The agreement has not been filed or approved by the court, and a federal hearing is scheduled for December 15, 2025.
- Neither the Justice Department nor Ver has confirmed the reported deal, and both declined to comment in coverage citing people familiar with the talks.
- Prosecutors allege Ver and his companies concealed about 131,000 BTC in 2014 and failed to report taxable distributions after large 2017 sales, causing an estimated $48 million loss to the IRS.
- Ver renounced U.S. citizenship in 2014, was arrested in Spain in 2024 while contesting extradition, and his use of Trump-linked advisers and lobbying is highlighted as reporting frames a broader shift toward negotiated outcomes in crypto cases.