Close Menu
    What's Hot

    ICP defies crypto downturn with Caffeine-fueled rally and whale accumulation 

    Alex Protocol announces reimbursement plan for users hit by $8m exploit

    SUI gears up for recovery as technical signals hint at breakout move

    Facebook X (Twitter) Instagram
    yeek.io
    • Crypto Chart
    • Crypto Price Chart
    X (Twitter) Instagram TikTok
    Trending Topics:
    • Altcoin
    • Bitcoin
    • Blockchain
    • Crypto News
    • DeFi
    • Ethereum
    • Meme Coins
    • NFTs
    • Web 3
    yeek.io
    • Altcoin
    • Bitcoin
    • Blockchain
    • Crypto News
    • DeFi
    • Ethereum
    • Meme Coins
    • NFTs
    • Web 3
    Bitcoin

    Freed Silk Road creator rallies support for Roger Ver

    Yeek.ioBy Yeek.ioFebruary 20, 2025No Comments2 Mins Read
    Share Facebook Twitter Pinterest Copy Link Telegram LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Ross Ulbricht, the infamous Silk Road creator, has called for Roger Ver’s release from detention following his arrest in Spain over alleged Bitcoin tax fraud.

    Ver was arrested in Spain following a U.S. Department of Justice indictment alleging the early Bitcoin (BTC) investor committed various tax violations worth $50 million.

    Federal prosecutors claim Ver underreported his Bitcoin gains and failed to file the correct tax returns. Ver, who renounced his U.S. citizenship in 2014, denied the charges and accused the U.S. of government overreach. 

    “Roger Ver was there for me when I was down and needed help. Now Roger needs our support,” Silk Road creator Ross Ulbricht tweeted via X.com on Feb. 20. Ulbricht is familiar with America’s justice system, having spent over 11 years in a maximum security prison for his role in the online black market. He was recently freed by a pardon issued by President Donald Trump.

    Meanwhile, tax allegations against Ver could send the so-called “Bitcoin Jesus” behind bars for up to 20 years. The DOJ slammed Ver with three counts of mail fraud, two counts of tax evasion, and three counts of false tax returns.

    The mail fraud charges alone each carry a maximum sentence of 20 years in prison. “No one should spend the rest of their life in prison over taxes. Let him pay the tax (if any) and be done with it,” said Ulbricht. Crypto lawyer James Murphy, better known as MetaLawMan, agreed with Ulbricht on the matter. Murphy also expected the Justice Department to drop the case.

    It is unusual for prosecutors to pursue someone for miscalculating their “exit tax” 10 yrs after they renounced their citizenship.
    The prosecution of @rogerkver appears to be part of the Biden admin’s coordinated attack on crypto.
    I would expect the Trump DOJ to drop the case.

    — MetaLawMan (@MetaLawMan) February 20, 2025

    Follow on Google News Follow on Flipboard
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link
    Previous ArticleDogecoin Open Interest Plunges 58%: How Do Shiba Inu & Pepe Compare?
    Next Article SNEK $SNEK, Foreon Network $FRN, Iagon $IAG & Minswap $MIN
    Avatar
    Yeek.io
    • Website

    Yeek.io is your trusted source for the latest cryptocurrency news, market updates, and blockchain insights. Stay informed with real-time updates, expert analysis, and comprehensive guides to navigate the dynamic world of crypto.

    Related Posts

    Why Up-Only For 217 Days Is Possible

    March 15, 2025

    Russia Is Using Bitcoin And Crypto For Its Oil Trades With China And India

    March 15, 2025

    Sacks and his VC firm sold over $200M in crypto and stocks before WH role

    March 15, 2025
    Leave A Reply Cancel Reply

    Advertisement
    Demo
    Latest Posts

    ICP defies crypto downturn with Caffeine-fueled rally and whale accumulation 

    Alex Protocol announces reimbursement plan for users hit by $8m exploit

    SUI gears up for recovery as technical signals hint at breakout move

    Realizing the Onchain Cash Opportunity

    Popular Posts
    Advertisement
    Demo
    X (Twitter) TikTok Instagram

    Categories

    • Altcoin
    • Bitcoin
    • Blockchain
    • Crypto News

    Categories

    • Defi
    • Ethereum
    • Meme Coins
    • Nfts

    Quick Links

    • Home
    • About
    • Contact
    • Privacy Policy

    Important Links

    • Crypto Chart
    • Crypto Price Chart
    © 2025 Yeek. All Copyright Reserved

    Type above and press Enter to search. Press Esc to cancel.