US Drops Tax Case Against Bitcoin Advocate Roger Ver: $50 Million Deal Secured

A significant development has unfolded in the case against Bitcoin advocate Roger Ver, also known as ‘Bitcoin Jesus,’ with the US government proposing to dismiss its criminal indictment. The proposed dismissal comes after an agreement was reached between the two parties involving a $50 million settlement. The payment will cover Ver’s outstanding tax liabilities with the IRS concerning his Bitcoin holdings. This deal follows a deferred prosecution agreement filed in September, which outlined conditions for the case’s dismissal. Ver admitted to failing to fulfill his tax obligations on specific crypto assets before renouncing his US citizenship in 2014.