US moves to drop Bitcoin advocate Roger Ver’s tax case with $50M deal

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Less than a week after reports of an agreement between the "Bitcoin Jesus" and US authorities, Roger Ver’s 2024 criminal tax case may be nearing an end.

US moves to drop Bitcoin advocate Roger Ver’s tax case with $50M deal

A California federal court is closer to dismissing the criminal indictment against Bitcoin advocate Roger Ver, known to many as “Bitcoin Jesus.”

In a Tuesday filing in the US District Court for the Central District of California, the US government filed a proposed order for Judge Michael Fitzgerald to dismiss Ver’s indictment without prejudice.

The government said it reached an agreement with Ver to pay $49.9 million and “all tax, penalties, and interest” on tax liabilities with the Internal Revenue Service (IRS) for his Bitcoin (BTC) holdings.

Law, Roger Ver, Taxes, United States, CrimesSource: PACER

The proposed dismissal came after the US government filed a deferred prosecution agreement in September, laying out conditions for Ver to have his case dismissed. Ver admitted that he had been required to file a statement and pay taxes on certain crypto assets before renouncing his US citizenship in 2014.

This is a developing story, and further information will be added as it becomes available.

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