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Billionaire "Bitcoin Jesus" indicted for tax fraud and evasion

CointimeCointime2024/05/13 14:52
By:Cointime

Dallas Mavericks owner and entrepreneur Mark Cuban paid $275.9 million in federal income taxes for the 2023 tax year, expressing pride in contributing to the country despite not expecting all funds to be used wisely. Meanwhile, cryptocurrency entrepreneur Roger Ver, also known as "Bitcoin Jesus," has been indicted by the US government for tax evasion, allegedly concealing assets and income on a grand scale over several years. Ver had previously renounced his US citizenship and obtained citizenship in St. Kitts and Nevis, but there is a discrepancy between the State Department's expatriation date and the date for federal tax purposes. The government claims that Ver caused a loss to the IRS of at least $48 million.

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