IRS vs. Bitcoin Jesus: A $48 Million Tax Dispute

By @FinTax_Official The article focuses on the tax case of Roger Ver, known as "Bitcoin Jesus". In 2024, the IRS accused him of evading $48 million in taxes after he renounced U.S. citizenship. His legal team filed a motion in December 2024 to dismiss the charges, citing unclear tax laws and improper prosecution. The court will review it in February 2025. The case highlights tax risks in crypto. With strengthened international tax cooperation and advanced blockchain tracking technology, offshore tax evasion has become harder. Read more