Overview
- Multiple outlets citing the New York Times report that Ver agreed to pay about $48 million to resolve a U.S. criminal tax and fraud case, though neither he nor the Justice Department has confirmed the deal.
- The reported structure is a deferred-prosecution agreement under which prosecutors would move to drop charges if Ver satisfies all conditions.
- The proposal has not been filed or approved by the judge, and a federal court hearing is currently scheduled for Dec. 15, 2025.
- Prosecutors alleged Ver and his companies concealed ownership of 131,000 bitcoin in 2014 and failed to report gains from 2017 sales, resulting in an estimated $48 million tax shortfall.
- Ver was arrested in Spain in April 2024 as the U.S. pursued extradition, and coverage notes he hired Trump-aligned lawyers and lobbyists as Washington signals a softer posture toward some crypto cases.