DOJ Targets Roger Ver a Decade After Leaving US: Crypto Veterans Respond

The recent arrest of Roger Ver, an early investor in Bitcoin and a supporter of Bitcoin Cash, on tax evasion charges has sparked mixed reactions within the crypto community. While some criticized the arrest, others justified it due to Ver’s anti-Bitcoin stance in recent years. One Bitcoin proponent, Dan Held, praised the arrest, stating that Ver has had a negative impact on Bitcoin.

Speculation arose that Ver’s arrest may be related to his involvement in various investigations, including those involving Binance, Genesis, and 3AC. Despite Ver renouncing his U.S. citizenship in 2014 and becoming a Japanese citizen, he was arrested in Spain on April 30 based on charges of mail fraud, tax evasion, and filing false tax returns in the U.S. The U.S. Department of Justice alleges that Ver evaded $48 million in taxes on his Bitcoin and crypto sales in 2017, and he now faces extradition.

Many cryptocurrency veterans expressed their disappointment in the U.S. law enforcement agencies, questioning their abuse of power. They pointed out that Ver had followed the law when he left the U.S. for Japan and had been paying taxes in both countries for several years before his arrest. The situation raised concerns about the government’s disregard for the consent of the governed.

Kim Dotcom, another crypto veteran who has faced government enforcement himself, argued that Ver’s indictment is not about tax evasion but rather a witch hunt against someone who opposed U.S. wars and foreign policies. Dotcom emphasized Ver’s support for Julian Assange and press freedom. Jane Adams, a U.S. House candidate and Bitcoin advocate, viewed Ver’s arrest as an attack on dissent, fueled by vindictiveness towards his advocacy for press freedom and opposition to U.S. imperialism.

There were also speculations that Ver’s arrest is part of a broader crackdown on crypto by the U.S. government. A Bitcoin proponent named DavidShares claimed that the U.S. is aggressively targeting the crypto industry. He further noted that the Biden administration is attempting to enforce strict regulations on cryptocurrencies prior to the November elections.

The arrest of Roger Ver on tax evasion charges has divided the crypto community. While some criticize the arrest, arguing that Ver followed the law by renouncing his U.S. citizenship and paying taxes in Japan, others support it due to Ver’s anti-Bitcoin stance. The incident has raised concerns about the government’s abuse of power and possible ulterior motives behind the arrest.

7 thoughts on “DOJ Targets Roger Ver a Decade After Leaving US: Crypto Veterans Respond

  1. No matter which side you’re on, this arrest highlights the need for open dialogue and respect for different viewpoints within the crypto space. Let’s keep the conversation going!

  2. Let’s hope this incident prompts a deeper conversation around the power dynamics between governments and the crypto community. πŸ’ͺ🌍 Transparency and fairness should be the ultimate goals. πŸ™ŒπŸ”“

  3. Why can’t they go after the real criminals instead of targeting someone for their opinions? Ridiculous!

  4. Jane Adams brings up an interesting perspective, seeing Ver’s arrest as an attack on dissent and press freedom. It’s a worrying sign for those who value freedom of speech.

  5. Guess Ver’s true colors are finally showing. Can’t say I’m surprised.

  6. The whole situation reminds us of the importance of responsible financial practices, regardless of personal beliefs. πŸ’°πŸ€ Following tax laws should be a priority for everyone in the crypto industry. πŸ’ΌπŸ“

  7. DavidShares suggests that Ver’s arrest might be part of a broader crackdown on crypto by the U.S. government. Crypto enthusiasts are understandably worried about stricter regulations looming ahead.

Leave a Reply

Previous post High Queued Withdrawals: TVL’s Downward Trend
Next post Pike Finance: $1.6M Exploitation in Second Incident