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RE: LeoThread 2024-06-07 01:18

in LeoFinance • 7 months ago

🧵 1. Cryptocurrency entrepreneur Roger Ver, dubbed "Bitcoin Jesus," released on bail in Spain after €150,000 bail posted. Facing $50 million tax evasion charges in the U.S. #crypto

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🧵 2. Ver, arrested in Spain, renounced U.S. citizenship, held 131,000 BTC, but allegedly evaded taxes. Must report to court every two days and surrender passport.

🧵 3. U.S. DOJ alleges Ver failed to report capital gains, undervalued companies holding BTC, and provided false tax information. Accused of causing $48 million loss to IRS.

🧵 4. Known for giving away Bitcoin, Ver shifted focus to Bitcoin Cash, claiming it follows Satoshi's vision. Past legal troubles include jail time for selling explosives.

🧵 5. Ver has controversial views on law-breaking, claiming it drives progress. Despite setbacks, remains a vocal advocate for cryptocurrency and decentralization.