Federal prosecutors are moving to dismiss criminal tax charges against prominent cryptocurrency entrepreneur Roger Ver following negotiations for a $50 million settlement. The resolution comes less than one week after initial reports surfaced regarding potential negotiations between the Bitcoin advocate and U.S. government authorities.
Ver, often referred to by his industry moniker ‘Bitcoin Jesus’ for his early evangelism of the digital currency, faced allegations of tax evasion that had been scheduled for trial this year. The substantial settlement amount represents one of the largest individual tax case resolutions in cryptocurrency history.
The development marks a significant turn in a case that has drawn considerable attention within digital asset circles, where Ver remains a well-known figure for his early investments in Bitcoin startups and outspoken advocacy for cryptocurrency adoption. Legal observers note that such settlements typically involve the defendant acknowledging civil liability while criminal charges are dropped.
This resolution avoids what could have been a protracted legal battle between federal prosecutors and one of the cryptocurrency sector’s most visible early proponents. The case’s conclusion through settlement rather than trial demonstrates the continuing evolution of how regulatory authorities approach complex financial matters involving digital assets and their early adopters.
