By News on the Net Collin Rugg——Bio and Archives--February 7, 2025
News in Brief—News Headlines | CFP Comments | Subscribe | Email Us
NEW: Early Bitcoin adopter Roger Ver is on the verge of being extradited to the US to face 109 years in prison, says he was targeted by the US gov for telling people to use Bitcoin over the dollar
Ver is pleading with Trump for help as he is quickly running out of options.
NEW: Early Bitcoin adopter Roger Ver is on the verge of being extradited to the US to face 109 years in prison, says he was targeted by the US gov for telling people to use Bitcoin over the dollar
— Collin Rugg (@CollinRugg) February 7, 2025
Ver is pleading with Trump for help as he is quickly running out of options.
Ver,… pic.twitter.com/ZJi5VzcIWx
Ver, who was charged with tax evasion, says he is being charged because of political reasons and is seeking to have his charges dismissed.
The Bitcoin investor renounced his U.S. citizenship in 2014 in response to legal pressure from the Obama administration.
He was then charged in 2024 by the Biden DOJ for failing to report taxes after selling $240 million worth of Bitcoin in 2017, even though he was not a U.S. citizen.
Ver claims the Biden DOJ targeted him as part of their "war on crypto."
"As a former federal prosecutor, it is truly alarming to see that the criminal arm of the IRS can torment a former citizen, who actually paid millions in taxes based on a draconian "exit tax" and scrupulously followed the advice of his tax professionals," said Ver's legal team.
View Comments
News from around the world