Crypto OG Roger Ver Settles US Tax Charges with Nearly $50M Deal
Roger Ver, an early backer of Bitcoin and a prominent figure in the cryptocurrency sector often referred to as “Bitcoin Jesus,” has agreed to pay up to $49.9 million to resolve US tax evasion and mail fraud charges, according to the Department of Justice and court filings made public on Oct. 14.
The settlement was reached under a deferred prosecution agreement with federal prosecutors in Los Angeles. Under the terms, Ver is required to meet all payment and compliance obligations, which include potentially covering back taxes, civil penalties, and accrued interest with the Internal Revenue Service, according to Reuters.
If Roger Ver complies, the indictment will be dismissed after one month, enabling him to avoid prison and…