According to PANews, early Bitcoin investor Roger Ver has been accused of mail fraud, tax evasion, and submitting false tax returns. It is alleged that Ver concealed his Bitcoin ownership from the U.S. Internal Revenue Service, resulting in a reported loss of $48 million. The U.S. Department of Justice issued a statement on Tuesday accusing Ver of these charges. Ver was arrested in Spain over the weekend and may be extradited to the U.S.
Ver renounced his U.S. citizenship on February 4, 2014. After moving abroad, U.S. law required Ver to submit tax returns, reporting capital gains obtained from the sale of assets worldwide, including Bitcoin, and he was required to pay taxes on these capital gains.
Ver was a resident of Santa Clara, California, but reportedly renounced his U.S. citizenship in 2014 after obtaining citizenship in Saint Kitts and Nevis. He is known online as 'Bitcoin Jesus' and is the former CEO of digital wallet developer Bitcoin.com.