{"id":19284,"date":"2024-05-01T18:00:39","date_gmt":"2024-05-01T18:00:39","guid":{"rendered":"https:\/\/coinengineer.io\/?p=19284"},"modified":"2024-05-01T12:40:50","modified_gmt":"2024-05-01T12:40:50","slug":"bitcoin-jesus-detained-in-spain-on-charges-of-tax-evasion","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/bitcoin-jesus-detained-in-spain-on-charges-of-tax-evasion\/","title":{"rendered":"&#8220;Bitcoin Jesus&#8221; Detained in Spain on Charges of Tax Evasion"},"content":{"rendered":"<p><a href=\"https:\/\/www.investopedia.com\/tech\/who-roger-ver-bitcoin-jesus\/\">Roger Ver<\/a>, a well-known <a href=\"https:\/\/coinengineer.net\/blog\/binance-founder-cz-sentenced-to-four-months-in-prison\/\">Bitcoin<\/a> investor and Bitcoin Cash advocate, was detained in Spain last weekend after being accused by the US of mail fraud, tax evasion, and fraudulent tax returns. The US authorities will ask for his extradition.<\/p>\n<p>The Justice Department revealed on Monday that Ver avoided at least $48 million in US <strong>taxes<\/strong>.<\/p>\n<p>In the early days of cryptocurrencies, Ver was known as Bitcoin Jesus. He created Bitcoin Cash after he split with a number of Bitcoin miners who did not support the blockchain upgrades.\u00a0Ver championed Bitcoin Cash.<\/p>\n<p>As per the most recent declaration, in the beginning of 2014, Ver renounced his US citizenship and became a citizen of St. Kitts and Nevis. He still had holdings in MemoryDealers and Agilestar, US-incorporated computer and networking equipment companies.<\/p>\n<p>The US government argues that Ver began purchasing Bitcoins for his own use and the use of his companies in 2011.\u00a0He is alleged to have failed to pay an exit <strong>tax<\/strong> in the course of his expatriation. He is said to have also deceived a law firm, which he employed to fill out counterfeit <strong>tax<\/strong> forms.<\/p>\n<p>Supposedly, Ver was demanded by US law to submit <strong>tax<\/strong> returns that showed gains from the constructive sale of his worldwide assets, which also included the Bitcoins, and the fair market value of his assets after expatriation. The Justice Department emphasized that he was supposedly forced to pay an \u201c<strong>exit tax<\/strong>\u201d on those capital gains.<\/p>\n<p>US investigators reckon that Ver and his companies had 131,000 bitcoins at the time he became a citizen of St. Kitts and Nevis. The two companies possessed 73,000 bitcoins.<\/p>\n<p>The Justice Department stated that Ver provided the law firm and appraiser with either wrong or incomplete information about how many bitcoins Ver and his companies held. The law firm supposedly came up with and submitted overvalued <strong>tax<\/strong> returns that undervalued the two companies and their 73,000 bitcoins and failed to show that Ver owned any bitcoins.<\/p>\n<p>Additionally, Ver\u2019s company also sold \u201ctens of thousands\u201d of bitcoins for $240 million in November 2017. The US authorities required him to file the profits with the IRS and pay <strong>tax<\/strong> on the dividends from the two US-incorporated companies.<\/p>\n<p>The Justice Department stated that Ver\u2019s 2017 personal <strong>tax<\/strong> return showed no profit or payment of <strong>tax<\/strong> on the Bitcoins of MemoryDealrs and Agilestar. Ver is said to have caused IRS losses of at least $48 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Roger Ver, a well-known Bitcoin investor and Bitcoin Cash advocate, was detained in Spain last weekend after being accused by the US of mail fraud, tax evasion, and fraudulent tax returns. The US authorities will ask for his extradition. The Justice Department revealed on Monday that Ver avoided at least $48 million in US taxes.<\/p>\n","protected":false},"author":6,"featured_media":19290,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[5792,5790,5791],"class_list":["post-19284","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin-jesus","tag-roger-ver","tag-tax-evasion"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>&quot;Bitcoin Jesus&quot; Detained in Spain on Charges of Tax Evasion - Coin Engineer<\/title>\n<meta name=\"description\" content=\"U.S. Justice Department alleges Ver avoided at least $48 million in U.S. taxes and provided misleading information about his Bitcoin holdings.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/bitcoin-jesus-detained-in-spain-on-charges-of-tax-evasion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"&quot;Bitcoin Jesus&quot; Detained in Spain on Charges of Tax Evasion - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"U.S. Justice Department alleges Ver avoided at least $48 million in U.S. taxes and provided misleading information about his Bitcoin holdings.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/bitcoin-jesus-detained-in-spain-on-charges-of-tax-evasion\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-01T18:00:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-01T12:40:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/05\/roger-ver-1024x512-1.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/bitcoin-jesus-detained-in-spain-on-charges-of-tax-evasion\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/bitcoin-jesus-detained-in-spain-on-charges-of-tax-evasion\/\",\"name\":\"\\\"Bitcoin Jesus\\\" Detained in Spain on Charges of Tax Evasion - Coin Engineer\",\"isPartOf\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/bitcoin-jesus-detained-in-spain-on-charges-of-tax-evasion\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/bitcoin-jesus-detained-in-spain-on-charges-of-tax-evasion\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/05\/roger-ver-1024x512-1.webp\",\"datePublished\":\"2024-05-01T18:00:39+00:00\",\"dateModified\":\"2024-05-01T12:40:50+00:00\",\"author\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\"},\"description\":\"U.S. Justice Department alleges Ver avoided at least $48 million in U.S. taxes and provided misleading information about his Bitcoin holdings.\",\"breadcrumb\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/bitcoin-jesus-detained-in-spain-on-charges-of-tax-evasion\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/coinengineer.net\/blog\/bitcoin-jesus-detained-in-spain-on-charges-of-tax-evasion\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/bitcoin-jesus-detained-in-spain-on-charges-of-tax-evasion\/#primaryimage\",\"url\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/05\/roger-ver-1024x512-1.webp\",\"contentUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/05\/roger-ver-1024x512-1.webp\",\"width\":1024,\"height\":512,\"caption\":\"Roger Ver Tax\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/coinengineer.net\/blog\/bitcoin-jesus-detained-in-spain-on-charges-of-tax-evasion\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/coinengineer.net\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"&#8220;Bitcoin Jesus&#8221; Detained in Spain on Charges of Tax Evasion\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\",\"url\":\"https:\/\/coinengineer.net\/blog\/\",\"name\":\"Coin Engineer\",\"description\":\"Btc, Coins, Pre-Sale, DeFi, NFT\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/coinengineer.net\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\",\"name\":\"Tanju Akb\u0131y\u0131k\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"caption\":\"Tanju Akb\u0131y\u0131k\"},\"url\":\"https:\/\/coinengineer.net\/blog\/author\/cetanju\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"\"Bitcoin Jesus\" Detained in Spain on Charges of Tax Evasion - Coin Engineer","description":"U.S. Justice Department alleges Ver avoided at least $48 million in U.S. taxes and provided misleading information about his Bitcoin holdings.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinengineer.net\/blog\/bitcoin-jesus-detained-in-spain-on-charges-of-tax-evasion\/","og_locale":"en_US","og_type":"article","og_title":"\"Bitcoin Jesus\" Detained in Spain on Charges of Tax Evasion - Coin Engineer","og_description":"U.S. Justice Department alleges Ver avoided at least $48 million in U.S. taxes and provided misleading information about his Bitcoin holdings.","og_url":"https:\/\/coinengineer.net\/blog\/bitcoin-jesus-detained-in-spain-on-charges-of-tax-evasion\/","og_site_name":"Coin Engineer","article_published_time":"2024-05-01T18:00:39+00:00","article_modified_time":"2024-05-01T12:40:50+00:00","og_image":[{"width":1024,"height":512,"url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/05\/roger-ver-1024x512-1.webp","type":"image\/webp"}],"author":"Tanju Akb\u0131y\u0131k","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Tanju Akb\u0131y\u0131k","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/coinengineer.net\/blog\/bitcoin-jesus-detained-in-spain-on-charges-of-tax-evasion\/","url":"https:\/\/coinengineer.net\/blog\/bitcoin-jesus-detained-in-spain-on-charges-of-tax-evasion\/","name":"\"Bitcoin Jesus\" Detained in Spain on Charges of Tax Evasion - Coin Engineer","isPartOf":{"@id":"https:\/\/coinengineer.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/coinengineer.net\/blog\/bitcoin-jesus-detained-in-spain-on-charges-of-tax-evasion\/#primaryimage"},"image":{"@id":"https:\/\/coinengineer.net\/blog\/bitcoin-jesus-detained-in-spain-on-charges-of-tax-evasion\/#primaryimage"},"thumbnailUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/05\/roger-ver-1024x512-1.webp","datePublished":"2024-05-01T18:00:39+00:00","dateModified":"2024-05-01T12:40:50+00:00","author":{"@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546"},"description":"U.S. Justice Department alleges Ver avoided at least $48 million in U.S. taxes and provided misleading information about his Bitcoin holdings.","breadcrumb":{"@id":"https:\/\/coinengineer.net\/blog\/bitcoin-jesus-detained-in-spain-on-charges-of-tax-evasion\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/coinengineer.net\/blog\/bitcoin-jesus-detained-in-spain-on-charges-of-tax-evasion\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/bitcoin-jesus-detained-in-spain-on-charges-of-tax-evasion\/#primaryimage","url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/05\/roger-ver-1024x512-1.webp","contentUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/05\/roger-ver-1024x512-1.webp","width":1024,"height":512,"caption":"Roger Ver Tax"},{"@type":"BreadcrumbList","@id":"https:\/\/coinengineer.net\/blog\/bitcoin-jesus-detained-in-spain-on-charges-of-tax-evasion\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/coinengineer.net\/blog\/"},{"@type":"ListItem","position":2,"name":"&#8220;Bitcoin Jesus&#8221; Detained in Spain on Charges of Tax Evasion"}]},{"@type":"WebSite","@id":"https:\/\/coinengineer.net\/blog\/#website","url":"https:\/\/coinengineer.net\/blog\/","name":"Coin Engineer","description":"Btc, Coins, Pre-Sale, DeFi, NFT","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/coinengineer.net\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546","name":"Tanju Akb\u0131y\u0131k","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","caption":"Tanju Akb\u0131y\u0131k"},"url":"https:\/\/coinengineer.net\/blog\/author\/cetanju\/"}]}},"_links":{"self":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/19284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/comments?post=19284"}],"version-history":[{"count":2,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/19284\/revisions"}],"predecessor-version":[{"id":19330,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/19284\/revisions\/19330"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media\/19290"}],"wp:attachment":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media?parent=19284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/categories?post=19284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/tags?post=19284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}