Authorities in Spain have arrested cryptocurrency entrepreneur Roger Ver, once known as “Bitcoin Jesus,” after the U.S. Department of Justice charged him with tax evasion.
Unsealed Monday, the indictment alleges that Ver evaded paying taxes to the tune of nearly $50 million, conducted mail fraud, and filed false tax returns.
The DOJ says in its indictment that Ver allegedly lied to the Internal Revenue Service (IRS) about how much Bitcoin he and his companies really owned.
According to the feds, Ver was expected to file tax returns that reported capital gains from the sale of his “worldwide assets.” These assets included Bitcoin.
But the indictment alleges that despite Ver and his companies owning 131,000 Bitcoins, the crypto entrepreneur provided or caused to be provided false or misleading information—including the Bitcoin he personally owned—to a law firm and appraiser helping him expatriate his American nationality.
When he sold the Bitcoin in 2017, he allegedly did not inform the IRS about the gains he had made, despite the fact that the Bitcoins were held by U.S. corporations he was in charge of—named MemoryDealers and Agilestar.
Hellbound and Down 