US Government Moves to Dismiss Roger Ver’s Tax Case with $50M Deal
Summary
A US federal court is moving toward dismissing the criminal indictment against Bitcoin advocate Roger Ver after the government filed a proposed order for dismissal without prejudice. Ver agreed to pay $49.9 million, covering all taxes, penalties, and interest related to his Bitcoin holdings to the IRS. The proposed dismissal follows a deferred prosecution agreement reached in September, which outlined conditions for dismissal. Ver admitted he was required to file a statement and pay taxes on certain crypto assets before renouncing his US citizenship in 2014. The situation remains ongoing, with potential updates expected.
