XT BLOG

Bitcoin Jesus’ $48 Million Deal with DOJ: A New Era, Boosts Crypto

Bitcoin Jesus’ $48 Million Deal with DOJ: A New Era, Boosts Crypto

2025-10-10

Bitcoin

  • Roger Ver, one of the earliest Bitcoin backers, plans to hand over around $48 million to wrap this up. All this follows his arrest in Spain back in 2024.
  • If Ver sticks to the deal’s terms, the DOJ will drop the charges against him.
  • Peers in the industry are talking a lot about what this means for regulations moving forward in the United States.

Roger Ver stands out as one of the earliest Bitcoin backers. People call him Bitcoin Jesus for his big push on the cryptocurrency back in the day. Now he has worked out a preliminary deal with the United States Department of Justice over tax fraud accusations. Reports say he plans to hand over around 48 million dollars to wrap this up. All this follows his arrest in Spain back in 2024. That came from claims he hid his bitcoin holdings and dodged taxes on them.

The Case Against Ver

The Justice Department pointed out that Ver did not declare capital gains from selling off his global assets. This included his bitcoins when he gave up his American citizenship in 2014.

They say he kept the true worth of his Bitcoin stash under wraps. That led to at least $48 million in unpaid taxes. His lawyers pushed back hard. They said the rules on crypto taxes just were not clear enough at the time. In addition, they felt the DOJ went too far in how they looked into the matter.

Also Read: Ripple Wins Landmark Legal Battle as SEC Case Ends, XRP Not Security

Social Media Interactions

People keep sharing this tweet on Roger Ver. He made a deal with the US Department of Justice back on October 9, 2025. It covers those tax fraud charges hanging over him. Basically, he’s paying $48 million to settle it. If he sticks to the terms, the charges get dropped.

That seems like a way out for him. Meanwhile, things look rough for Kim Dotcom. He is facing extradition to the US. A court in New Zealand turned down his appeal last September 2025. Now, the process is pushing forward on that.

Also Read: Kraken’s Jesse Powell Acquitted in Hacking Case, FBI Returns Devices

A Shift in Crypto Enforcement

This whole agreement lines up with changes in how the US government handles crypto rules these days. The current leaders seem a bit less aggressive toward key people in the field. If Ver sticks to the deal’s terms, the DOJ will drop the charges against him.

Source: Bloomberg.com

That could point to a smarter, more balanced way of enforcing things in crypto. The industry is talking about what this means for regulations moving forward in the United States.

Also Read: Genesis Files $3.1B Lawsuit Against DCG for Fraud and Asset Mismanagement

Community Reaction

People in the crypto world have kept a sharp eye on what happens with Ver. Some well-known names have stepped up to back him. Ross Ulbricht, for example, decided to speak up. He started Silk Road and got a pardon from President Trump not long ago.

Source: CBS News

Ulbricht came out publicly saying no one ought to end up in jail just over tax issues. The situation has people debating if crypto tax rules are fair. They also want better, clearer guidelines to follow.

What’s Next

The crypto scene keeps changing fast, so Ver’s outcome could affect others in the business. This deal stresses how vital it is for investors to handle taxes correctly with their digital assets. Everyone needs solid rules on how to report those holdings. The government’s view on crypto is still taking shape in the US. So those in the industry will stay alert for any new statements or changes in policy.

Also Read: Bitcoin Faces Pressure Near $121,000 but Long-Term Outlook Stays Bullish

Share Post
🔍
guide
Sign up for free and begin your crypto journey.