Bitcoin advocate Roger Ver has reached a $48 million settlement to resolve a US tax fraud case.

Tax Fraud Settlement

Roger Ver, known as “Bitcoin Jesus,” has reached a tentative agreement with the U.S. Department of Justice to settle a tax fraud case. The deal involves paying $48 million, the amount he was accused of owing in unpaid taxes. The agreement could result in the dismissal of charges if Ver complies with its terms. This resolution marks a significant turn for the prominent cryptocurrency figure.

Shifting Crypto Regulation

The case emerges during a period of changing U.S. policy toward cryptocurrency. Under President Trump's second term, regulators have softened their approach to digital assets. Lawsuits against exchanges like Coinbase have been dropped and several individuals associated with the crypto space have received presidential pardons.

Actions and Alignments

Throughout his legal battles, Ver has sought to align himself with Donald Trump's political network. He paid $600,000 to Trump ally Roger Stone and hired attorneys with ties to Trump's political network. Prosecutors alleged Ver concealed Bitcoin holdings to avoid paying an exit tax after renouncing U.S. citizenship.