đšđšđšAnother big name in the cryptocurrency circle is targeted. "Bitcoin Jesus" đđđ was prosecuted for tax evasion of 50 million and arrested in Spain. "Bitcoin Jesus" Roger Ver was prosecuted by the US IRS for suspected tax evasion and fraud involving nearly 50 million US dollars.
The IRS accused him of mail fraud, tax evasion and filing false tax returns. He was arrested in Spain on US criminal charges. The United States seeks to extradite him back to the United States for trial.
This guy has a certain degree of fame and influence among the old people in the cryptocurrency circle. He is basically a social scoundrel. He helped Bitmain launch BCH and wanted to set up his own exchange in 2018. He recently published a book about the early story of Bitcoin.
He used to live in Santa Clara, California. In the early days, he was committed to investing and promoting Bitcoin, and earned the online name "Bitcoin Jesus". Since 2011, he has started to acquire Bitcoins in his personal capacity or through his company, and has a wide influence in the community;
đđđHow he is suspected of tax evasion
1. Failure to comply with exit tax regulations when renouncing US citizenship: In 2014, Ver obtained citizenship of the Federation of Saint Kitts and Nevis and renounced US citizenship. According to US tax law, when he renounced US citizenship, he should submit a detailed capital gains tax declaration covering global assets, including Bitcoin assets. It is alleged that he provided false information to lawyers and asset appraisal teams to underreport assets, concealed the actual number of Bitcoins held, and failed to truthfully declare capital gains.
2. Tax obligations of non-US tax residents: Although he renounced US citizenship, he still has to bear the corresponding tax obligations because his company is located in the United States. It is alleged that in mid-2017, Ver obtained approximately 70,000 Bitcoins from his company and sold them in large quantities, earning approximately US$240 million, but did not declare the relevant capital gains or pay the taxes due. The indictment claims that he concealed the fact that he received and sold these assets from his accountant, and therefore did not declare any taxes in his 2017 tax return.
With strong judicial supervision in the United States and Canada, cryptocurrency tax evasion is a felony, and the global iron fist ensures that you dare not evade taxes.
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