‘Bitcoin Jesus’ pays nearly $50m to end US tax case

.

Roger Ver, the cryptocurrency advocate known as “Bitcoin Jesus,” has paid nearly $50 million to resolve a US tax evasion indictment without having to admit he committed a crime.

Prosecutors agreed to dismiss the indictment against Ver, who admitted in a deferred-prosecution agreement that he failed to pay all the taxes that he owed to the Internal Revenue Service on the sale of Bitcoin after he renounced his US citizenship in 2014, the Justice Department said Tuesday.

Login to view the full content

You need to log in to view the full post content.

Related posts

UAE targets Africa trade for food security, high growth rates

Nedbank to pay Transnet R600 million to settle swap dispute

Gold trades steady as market prepares for US government restart

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More