Categories: Bitcoin Latest News

‘Bitcoin Jesus’ to Settle U.S. Tax, Fraud Charges: NYT

Early Bitcoin (BTC) investor and Bitcoin Cash (BCH) advocate Roger Ver is close to settling tax fraud charges with the U.S. Department of Justice, the New York Times reported Thursday.

Often known as “Bitcoin Jesus” due to his early evangelization for the crypto, Ver was indicted last April and arrested in Spain on allegations he failed to file tax returns on capital gains he made after selling “tens of thousands” of bitcoins and giving up U.S. citizenship, the DOJ charged at the time. Ver fought his extradition to the U.S., filing a lawsuit earlier this summer.

According to the Times, the proposed settlement is subject to change but would see Ver paying about $48 million for the taxes he allegedly owes. It has not yet been filed to or approved by the federal judge overseeing the case.

A spokesperson for the U.S. Department of Justice’s Los Angeles office, which filed the indictment, referred CoinDesk to the DOJ’s main offices in Washington, D.C. A spokesperson for the D.C. office did not immediately return a request for comment. Ver did not return a request for comment.

Ver told the Times he could not comment.

The court docket shows there is a hearing scheduled for Dec. 15, 2025.

Ver tapped Roger Stone, an associate of U.S. President Donald Trump, to lobby for his assistance in resolving the case, according to a lobbying registration Stone filed earlier this year.

Trump has pardoned a number of other crypto figures since retaking office as president earlier this year, including Ross Ulbricht, Arthur Hayes and other founders of Bitmex — as well as Bitmex itself, after the company previously pled guilty to violating the Bank Secrecy Act.

Changpeng “CZ” Zhao, the founder of Binance, has applied for a presidential pardon as well, after serving four months in prison after his guilty plea tied to Binance’s anti-money laundering compliance.

Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

Recent Posts

Strategy’s Bitcoin Holdings Cross 760,000 BTC, AI Reveals How Long Till It Gets To The 1 Million Mark

Strategy, formerly MicroStrategy, has crossed the 760,000 Bitcoin threshold with its latest purchase, bringing its…

46 minutes ago

Bitcoin sinks below $71,000, stocks close at session lows, as 2026 Fed rate cut hopes fade further

Fed chair Jerome Powell said rising energy prices are feeding into the inflation outlook, but…

3 hours ago

Bitcoin Monthly Timeframe Signals A Potential Market Shift

Bitcoin is starting to show intriguing signals on the monthly time frame, with long-term data…

3 hours ago

Bitcoin Price Fights For $70,000 As Federal Reserve Holds Rates

Bitcoin Magazine Bitcoin Price Fights For $70,000 As Federal Reserve Holds Rates The Federal Reserve…

3 hours ago

Till Death or Seed Phrase: Woman Accused of Spying on Husband, Stealing $172 Million in Bitcoin

Bitcoin Magazine Till Death or Seed Phrase: Woman Accused of Spying on Husband, Stealing $172…

5 hours ago

Bitcoin Stuck At $74K As US Fed Sets the Stage For Explosive Move

Bitcoin (BTC) is hanging around $74k, still respecting the post‑shock range and struggling to clear…

6 hours ago