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>>Bitcoin advocate Roger Ver has reached a preliminary agreement with the Department of Justice for a $48 million tax settlement.

Bitcoin advocate Roger Ver has reached a preliminary agreement with the Department of Justice for a $48 million tax settlement.

crypthub

about 20 hours ago

Settlement Reached with Roger Ver

Roger Ver, often called "Bitcoin Jesus," has reached a settlement with the U.S. Department of Justice, avoiding jail time. The agreement mandates that Ver pay $48 million in unpaid taxes related to his cryptocurrency assets. He was facing extradition from Spain on charges of tax evasion and mail fraud. This resolution follows a previous indictment and arrest in Spain.

Connections to Donald Trump and Lobbying

Ver has ties to figures associated with Donald Trump's administration, including employing lawyers initially working for the former president. He also reportedly paid $600,000 to Roger Stone, a political consultant, to lobby for changes in U.S. tax laws. These connections have fueled speculation regarding a potential presidential pardon.

Speculation and a Failed Pardon Plan

Following Trump’s 2024 reelection, discussions arose about a possible pardon for Ver, with some in the crypto community advocating for leniency. A reported $30 million plan to secure a pardon reportedly failed before it could move forward. As of recently, petitions and open letters have circulated urging Trump's intervention.

Probabilities and Current Status

The probability of Trump pardoning Ver increased on Polymarket, reflecting community speculation. Ver’s online presence directs users to a pardon petition, portraying the case as a retaliatory action against his Bitcoin advocacy. The details of the settlement and its implications remain under scrutiny.