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

The original cryptocurrency fell as much as 2.3% to $82 568 before paring some losses.

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.

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