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Categories:

Hot right now:

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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Roger Ver Paid $600K to Donald Trump Ally to Fight Crypto Charges

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Bitcoin Jesus Fights

The post Roger Ver Paid $600K to Donald Trump Ally to Fight Crypto Charges appeared first on Coinpedia Fintech News

Roger Ver, once known as “Bitcoin Jesus,” is now facing serious charges, including mail fraud, tax evasion, and filing false returns. But Ver isn’t relying on the courts alone—he’s taking his fight to Capitol Hill.

$600K Lobbying Effort to Influence Congress

According to filings, Ver paid $600,000 to Trump ally Roger Stone to lobby Congress to amend the law he’s accused of breaking. The New York Times reported that Stone was hired in February. Ver denies wrongdoing but admits he struggled to manage his U.S. exit tax, citing Bitcoin market illiquidity at the time. In a January video, Ver made a public appeal to Trump, warning he faces over 100 years in prison for promoting crypto.

The government accuses Ver of evading at least $48 million in taxes after renouncing his U.S. citizenship. Ver maintains the situation was complicated, blaming the illiquidity of Bitcoin for making it difficult to comply.

Crypto Voices Rally Behind Ver

Support for Ver is growing. Silk Road founder Ross Ulbricht, serving a life sentence, has called for Ver’s pardon, highlighting Ver’s past support. American economist Jeffrey Tucker also defended Ver, calling him a hero being punished for advocating freedom.

Ver’s push coincides with Trump’s growing support for crypto and retreat from tough SEC regulations. Whether Ver’s lobbying will pay off remains uncertain, but the message is clear: crypto’s future now runs through political corridors.

Why did Roger Ver pay $600,000 to Roger Stone?

Roger Ver paid $600,000 to Roger Stone to lobby Congress to amend the law he is accused of breaking and to influence political support for his legal battle.

Is Donald Trump’s pro-crypto stance likely to help Roger Ver’s case?

Trump’s softer stance on crypto could create a more favorable political environment, but it’s unclear if it will directly impact Ver’s legal outcome.

How did Bitcoin’s illiquidity cause Ver’s tax issues?

Ver claims Bitcoin’s market was too illiquid when he renounced his U.S. citizenship, making it difficult to sell enough coins to cover his exit tax obligations.

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