‘Bitcoin Jesus’ Pays Nearly $50 Million to End US Tax Case

Roger Ver, a prominent cryptocurrency advocate known as "Bitcoin Jesus," has reached a settlement with the US government to resolve a tax evasion case. Ver agreed to pay nearly $50 million to the Internal Revenue Service (IRS) without admitting any criminal wrongdoing. The case stemmed from allegations that Ver failed to report and pay taxes on income from his cryptocurrency-related businesses between 2014 and 2019. By settling the case, Ver avoids a potential criminal trial and conviction. The settlement highlights the ongoing scrutiny and legal challenges faced by high-profile figures in the cryptocurrency industry as the sector continues to grow and draw increased regulatory attention.
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