- Bitcoin Cash founder Roger Ver faces $50 million tax evasion charges, with potential 109-year sentence.
- Tucker Carlson’s interview with Ver reached 2.5 million views on X, leading to significant price movement in Zano cryptocurrency.
- Ver claims his tax issues stem from accountant errors, while prosecutors allege deliberate withholding of $240 million in crypto transactions.
- Bitcoin Cash (BCH) has declined 97% from its all-time high against Bitcoin.
- Ver currently contests extradition from Spain to the United States.
Former Bitcoin Cash proponent Roger Ver appeared in a widely-viewed interview with Tucker Carlson on Tuesday, addressing his ongoing legal challenges while promoting a lesser-known cryptocurrency. The interview, which garnered over 2.5 million impressions on X, comes as Ver faces extradition from Spain over alleged tax evasion involving approximately $50 million.
Legal Challenges and Tax Allegations
The U.S. Department of Justice alleges Ver failed to report $240 million in cryptocurrency transactions during 2017. While Ver attributes these issues to his accountant’s mistakes, prosecutors maintain he intentionally concealed information to evade tax obligations.
Ver’s legal team has filed a motion to dismiss the criminal case, arguing that relevant tax codes were insufficiently clear and citing concerns about attorney-client privilege violations.
Market Impact and Cryptocurrency Promotion
During the interview, Ver repeatedly mentioned Zano, a cryptocurrency focused on privacy and scaling solutions. The digital asset’s market capitalization surged from $80 million to over $180 million following the broadcast, which received additional exposure through Elon Musk‘s amplification.
Ver’s previous cryptocurrency ventures have shown less favorable outcomes. Bitcoin Cash (BCH), which Ver actively promoted, has experienced a 97% decline from its peak value relative to Bitcoin. Similarly, the Verse token, previously featured on Ver’s bitcoin.com platform, has lost 97% of its value from its all-time high.
The former cryptocurrency executive faces potential imprisonment of up to 109 years if convicted on all charges. Ver maintains his innocence, stating, "I think they’re just angry about my lack of obedience and lack of, y’know, kissing their ring. I was the first person in the world to begin investing in bitcoin… and invest in businesses that made it easy to use bitcoin as money."
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