'Bitcoin Jesus' Roger Ver to pay up to $49.9M to settle US tax charges
- —Prosecutors said Ver owed at least $48 million in taxes after renouncing US citizenship in 2014
- —The deal calls for the charges to be dropped in a month if Ver meets its conditions
- —Ver was arrested in Spain in April 2024
- —He did not receive a presidential pardon and instead settled with the Trump administration
Why it matters: The case sets a precedent for crypto investors who change tax residency, showing the IRS will pursue them through criminal settlements.
Source: PANews