CRYPTO: Crypto Pioneer Roger Ver (Bitcoin Jesus) Faces $48M Tax Showdown with the IRS

Roger Ver, famously known as “Bitcoin Jesus,” is locked in a $48 million tax dispute with the IRS. The accusations stem from alleged tax evasion after Ver renounced his U.S. citizenship. In December 2024, his legal team requested the dismissal of the charges, arguing that unclear tax rules and improper prosecution were at play. The court is set to review the case in February 2025.

This high-stakes battle sheds light on the growing challenges of crypto taxation. With tighter international tax rules and advanced blockchain tracking, offshore tax evasion is increasingly difficult, raising concerns for crypto investors worldwide.

 

12 February 2025

BVI FINANCE: BVI Defends Its Record And Commitment To Global Financial Services Regulation

Press Release from BVI Finance, Wednesday 12 February, 2025.  STATEMENT BY PREMIER AND MINISTER OF FINANCE HONOURABLE DR. NATALIO D. WHEATLEY FEBRUARY 5TH, 2025 The BVI Government strongly refutes

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13 December 2024

ASIA: Korea postpones crypto taxing again. What’s next?

South Korea has postponed its cryptocurrency trading tax for the third time, following a last-minute agreement between opposing parties just a month before the policy’s scheduled implementation.

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24 May 2024

US: Ethereum ETFs approved by the SEC

The crypto ecosystem is abuzz following the stunning announcement from the SEC: the approval of Ethereum ETFs. This decision, which could redefine institutional investors’ access to digital assets,

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23 August 2024

GREECE: Internationals Rushing to Buy Properties in Greece Ahead of New Golden Visa Changes

Foreigners are rushing to buy properties in Greece to acquire residency through the Golden Visa Program ahead of the new changes. From September 1, the minimum investment requirement for golden visas

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