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.
Press Release from Carey Olsen, Thursday 14 March, 2024. Carey Olsen and Oakbridge have together assisted private equity investor Sullivan Street Partners with its development capital investment into
Advocacy group the Tax Justice Network has ranked the British Virgin Islands, followed by the Cayman Islands and Bermuda as “most complicit” in helping multinational corporations underpay corporate
The European Parliament has adopted a package of laws strengthening the EU’s toolkit to fight money-laundering and terrorist financing. The new laws ensure that people with a legitimate interest,
In recent years, there has been a significant surge in the number of family offices worldwide, tripling since 2019 and triggering intensified competition among private equity firms, hedge funds, and