Close Menu
Finance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Facebook X (Twitter) Instagram
Trending
  • Bitcoin is so resilient it could survive as much as 90% of the world's undersea cables failing simultaneously — study reveals Bitcoin could still be very vulnerable to targeted attacks, however – Tom's Hardware
  • Liquid Asset Restaking Boom In 2026: How to Earn More By Staking Cryptocurrency
  • A historic Kolkata jail, where Nehru was once imprisoned, turns into an art gallery
  • Ancient Bronze Age treasures unveiled in newly upgraded gallery
  • How do geopolitical tensions affect cryptocurrency markets
  • Northern Gallery for Contemporary Art to move venue
  • Cryptocurrency and Stock Barometer | Strategy invests $1.57 billion to increase holdings of 22,337 bitcoins; Bitmine, ARK Invest, and others will invest $125 million in Eightco Holdings (March 17) – Binance
  • Close Brothers banking group to cut 600 jobs and roll out AI ‘at pace’ – The Guardian
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
Finance ProFinance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Finance Pro
Home»Cryptocurrency»Early Cryptocurrency Investor Known as ‘Bitcoin Jesus’ Admits to Misconduct and Enters into Deferred Prosecution Agreement
Cryptocurrency

Early Cryptocurrency Investor Known as ‘Bitcoin Jesus’ Admits to Misconduct and Enters into Deferred Prosecution Agreement

October 15, 20253 Mins Read


Ver, known as ‘Bitcoin Jesus,’ Paid Nearly $50 Million in Taxes, Penalties, and Interest 

October 15, 2025 – LOS ANGELES, CA – Roger Ver, an early bitcoin investor known as “Bitcoin GavelJesus,” entered into a deferred prosecution agreement with the Justice Department to resolve federal tax charges brought against him.

Image by Ray Shrewsberry • Ray_Shrewsberry from Pixabay 

Under the agreement, Ver has paid the IRS nearly $50 million in back taxes, penalties, and interest stemming from his willful failure to properly report his bitcoin holdings on tax returns when he expatriated from the United States in 2014.

On Tuesday, October 14th the government has moved to dismiss the indictment against him.

Note: View the motion to dismiss and deferred prosecution agreement.

The following is according to the deferred prosecution agreement: Starting in 2011, Ver began acquiring bitcoins. Over the years, he avidly promoted them, even obtaining the moniker “Bitcoin Jesus.” In March 2014, Ver renounced his U.S. citizenship after obtaining citizenship in St. Kitts and Nevis, a process known as expatriation. Due to his net worth, Ver was required to file certain expatriation-related tax returns and to pay taxes on the capital gains on his world-wide assets, including his bitcoins.

In the agreement, Ver admitted that when he filed these returns in May 2016, he did not report all his bitcoins and pay the required capital gains tax on their constructive sale. Ver admitted that his failure to report capital gains from all these bitcoins caused a loss to the United States of $16,864,105. Ver admitted that the understatement of tax caused by his failure to report ownership of all his bitcoins was willful, which is legally defined as the intentional violation of a known legal duty. Accordingly, Ver admitted he owed the maximum penalty of more than $12 million, as well as interest on the taxes and penalties.

“Mr. Ver is accepting responsibility for his actions and has agreed to pay a substantial penalty,” said Acting United States Attorney Bill Essayli. “Every person, whether you’re a millionaire or not, is required by law to pay taxes and we will not hesitate to hold anyone accountable.”

“We are pleased that Mr. Ver has taken responsibility for his past misconduct and satisfied his obligations to the American public. This resolution sends a clear message: whether you deal in dollars or digital assets, you must file accurate tax returns and pay what you owe,” said Associate Deputy Attorney General Ketan D. Bhirud.

“Today’s resolution demonstrates that there are consequences for those who intentionally conceal their assets and evade their tax obligations,” said Kareem Carter, Executive Special Agent in Charge of IRS Criminal Investigation. “No matter how sophisticated the technology or the asset, IRS-CI will continue to follow the money, ensure compliance, and protect the integrity of our tax system.”

The Cyber Crimes Unit of IRS Criminal Investigation’s Washington, D.C. Field Office investigated the case.

Assistant United States Attorney James C. Hughes of the Major Frauds Section, and Assistant Chief Matthew J. Kluge and Trial Attorney Peter J. Anthony of the Tax Division prosecuted the case.

Source: DOJ Release



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin is so resilient it could survive as much as 90% of the world's undersea cables failing simultaneously — study reveals Bitcoin could still be very vulnerable to targeted attacks, however – Tom's Hardware

March 18, 2026 Cryptocurrency

Liquid Asset Restaking Boom In 2026: How to Earn More By Staking Cryptocurrency

March 18, 2026 Cryptocurrency

How do geopolitical tensions affect cryptocurrency markets

March 17, 2026 Cryptocurrency

Cryptocurrency and Stock Barometer | Strategy invests $1.57 billion to increase holdings of 22,337 bitcoins; Bitmine, ARK Invest, and others will invest $125 million in Eightco Holdings (March 17) – Binance

March 17, 2026 Cryptocurrency

Crypto Market Daily Updates | The cryptocurrency market trended upward, with Bitcoin briefly reaching $76,000; Strategy purchased an additional 22,300 Bitcoins, bringing its total holdings to over 760,000; The U.S. cryptocurrency tax roundtable was postpo – 富途牛牛

March 17, 2026 Cryptocurrency

Amid geopolitical tensions, cryptocurrency-related stocks followed the strengthening of Bitcoin, with Circle surging 46% year-to-date and receiving an upgraded price target of $136 from institutional analysts. – 富途牛牛

March 16, 2026 Cryptocurrency
Add A Comment
Leave A Reply Cancel Reply

Don't Miss

Bitcoin is so resilient it could survive as much as 90% of the world's undersea cables failing simultaneously — study reveals Bitcoin could still be very vulnerable to targeted attacks, however – Tom's Hardware

March 18, 2026 Cryptocurrency 1 Min Read

Bitcoin is so resilient it could survive as much as 90% of the world’s undersea…

Liquid Asset Restaking Boom In 2026: How to Earn More By Staking Cryptocurrency

March 18, 2026

A historic Kolkata jail, where Nehru was once imprisoned, turns into an art gallery

March 17, 2026

Ancient Bronze Age treasures unveiled in newly upgraded gallery

March 17, 2026
Our Picks

Bitcoin is so resilient it could survive as much as 90% of the world's undersea cables failing simultaneously — study reveals Bitcoin could still be very vulnerable to targeted attacks, however – Tom's Hardware

March 18, 2026

Liquid Asset Restaking Boom In 2026: How to Earn More By Staking Cryptocurrency

March 18, 2026

A historic Kolkata jail, where Nehru was once imprisoned, turns into an art gallery

March 17, 2026

Ancient Bronze Age treasures unveiled in newly upgraded gallery

March 17, 2026
Our Picks

10 European breaks with unmissable exhibitions

March 17, 2026

Six Greater Manchester museums and art galleries to take part in first-of-a-kind celebration

March 17, 2026

Close Brothers plans job cuts after profits dented by motor finance hit

March 17, 2026
Latest updates

Bitcoin is so resilient it could survive as much as 90% of the world's undersea cables failing simultaneously — study reveals Bitcoin could still be very vulnerable to targeted attacks, however – Tom's Hardware

March 18, 2026

Liquid Asset Restaking Boom In 2026: How to Earn More By Staking Cryptocurrency

March 18, 2026

A historic Kolkata jail, where Nehru was once imprisoned, turns into an art gallery

March 17, 2026
Weekly Updates

Ranaex Takes the Leap into Cryptocurrency with the Launch of RNAC

April 30, 2024

Looking for a man in finance this Valentine’s Day? Trust fund? Six-five? Blue eyes? Form an orderly queue

February 12, 2025

Bristol museums join anti-racist programme

July 2, 2024
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
© 2026 Finance Pro

Type above and press Enter to search. Press Esc to cancel.