• Roger Ver agrees to pay $48 million to settle U.S. tax fraud case.
  • The deferred prosecution deal could drop charges if Ver meets all terms.
  • Trump administration continues easing crypto enforcement amid political and legal controversies.

Roger Ver Strikes Tentative Deal with U.S. Prosecutors

The New York Times reported that Roger Ver, the notorious crypto investor, commonly referred to as the Bitcoin Jesus, entered into a provisional deal with the U.S. Department of Justice to settle a criminal tax offense. In 2024, the 46-year-old businessman was charged with not paying his taxes on his cryptocurrency assets, amounting to 48 million dollars.

The Times was informed by sources involved in the negotiations that Ver had accepted to pay back more or less the same to the U.S government. It is a deferred prosecution deal that is still awaiting a formal filing in court. In case Ver meets the terms of the agreement, the charges would be withdrawn by prosecutors in the future.

The case can be counted among the recent examples of the Trump administration’s decreased enforcement measures against the crypto industry. The federal agencies have been found to drag a number of high-profile investigations into digital asset executives.

Links Between Politics and Legal Strategy

The case of Ver has also attracted attention to him trying to place his legal woes in the wider political context of the administration. The Times reveals that Ver was trying to attract the position of President Trump regarding what he alleges is the weaponization of justice.

Ver, according to public records, paid Trump ally Roger Stone 600,000 in a bid to appeal the tax regulations that are at the center of his case. He also continued to have a high-profile legal team that consisted of David Schoen, the defense attorney to Trump in his second impeachment trial, and Christopher M. Kise, the counsel to Trump in several criminal and civil cases.

Intelligence Disclosure Lobbying records also reveal that Ver collaborated with the lobbying company of Brian Ballard, a key Trump fundraising apparatus. Ver refused to comment when approached after The Times report and his representatives in law did not promptly address questions.

Disclaimer

The content shared on KryptoVaultDaily is for informational purposes only and does not constitute financial or trading advice. We do not offer guarantees and assume no responsibility for investment decisions based on the material provided. Always research and seek guidance from a licensed financial advisor before trading cryptocurrency or investing.

Share.
Avatar photo

Ian Mutwiri is a blockchain reporter covering the pulse of Web3, from breaking industry news and NFTs to AI innovation, crypto markets, and technical analysis. With a sharp eye for detail and a passion for emerging tech, breaking down complex trends into clear, compelling insights.

Leave A Reply