Originally published on: December 04, 2024
Bitcoin pioneer Roger Ver, known as Bitcoin Jesus, is pushing back against US tax evasion charges by arguing they are unconstitutional. In a recent court filing, Ver challenged the IRS’s exit tax as violating the Apportionment and Due Process Clauses of the Constitution. He asserts that the charges are based on outdated and vague tax laws that do not apply appropriately to digital assets like Bitcoin.
Ver’s legal team claims that prosecutors unlawfully interrogated one of his lawyers and overlooked key evidence showing his lack of intent to file a fraudulent tax return. The case stems from allegations that Ver evaded over $48 million in taxes by not reporting capital gains from selling Bitcoin.
Despite facing charges of mail fraud, tax evasion, and filing false tax returns, Ver maintains his innocence. If convicted on all counts, he could be sentenced to up to 30 years in federal prison.
This legal battle adds another chapter to Ver’s storied history in the cryptocurrency world. From his early advocacy for Bitcoin to becoming a prominent figure in the Bitcoin Cash community, Ver has been a controversial figure in the industry. His past run-ins with the law, including a previous stint in federal prison, only add to the intrigue surrounding his current legal troubles.
As the case unfolds, Ver’s fight against the US government sheds light on the complexities of cryptocurrency taxation and the challenges faced by early adopters like him. Stay tuned for more developments in this high-profile legal saga.
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