Kraken co-founder Jesse Powell calls for Donald Trump intervention in BCH advocate Roger Ver’s case
Jesse Powell, co-founder of Kraken, supports Roger Ver, a Bitcoin Cash advocate facing tax-related charges from the US DOJ. Powell questions the IRS's evidence integrity and suggests the case may be driven by personal animosity. Ver was indicted in April 2024 for tax evasion, mail fraud, and filing false returns, allegedly failing to disclose over $48 million in capital gains. Arrested in Spain in May 2024, he was released on bail with travel restrictions. Ver's legal team argues tax regulations were ambiguous at the time of the alleged offenses. Powell believes Ver took steps to comply with tax obligations before renouncing his US citizenship in 2011. Ver seeks intervention from President Trump, claiming government harassment due to his views on freedom and crypto. However, his chances of a presidential pardon appear low, with Elon Musk dismissing the possibility and crypto bettors estimating only a 14% chance of clemency within Trump's first 100 days.
