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Around 2017, the multi-millionaire Bitcoin advocate switched his allegiance to Bitcoin Cash.
Ver calls Bitcoin "one of the most important inventions in the history of humankind." He is best-known for managing Bitcoin.com from 2015-19. Ver says in the video further below with Tucker Carlson that he bought bitcoin when it cost less than $1. This month, Bitcoin broke through $100K for the first time. Ver points out that some people are now using Monero for more privacy.
Ver relocated to Japan in 2006. When he renounced his U.S. citizenship in 2014, Ver became a citizen of Saint Kitts and Nevis. In April this year, Ver was arrested in Spain at the behest of U.S. authorities while on a trip to Barcelona to attend a crypto conference. The Biden administration wanted to put Ver in jail for 109 years! However, the crypto-friendly Trump administration is unlikely to do that.
US authorities are seeking his extradition on charges including tax evasion, mail fraud, and filing false tax returns. Prosecutors claim Ver undervalued his assets and failed to report ownership of about 131,000 bitcoins. Ver denied the allegations in an interview with Tucker Carlson on Dec. 10. "I wasn't an American citizen or living in the US at the time these claims were made," Ver said.
Ver accused the US government of being "angry" not about taxes but about his "lack of obedience." The Bitcoin evangelist also linked his indictment to the publication in April 2024 of book Hijacking Bitcoin: The Hidden History of BTC which he claims exposes government interference in the cryptocurrency industry. Ver is contesting charges made against him by the US Department of Justice (DOJ).
Tucker Carlson Interview
According to a Bloomberg report, Ver was permitted to leave jail on May 17 on the condition that he hand in his passport and remain in Spain pending a decision on his extradition to the U.S. where he faces $50 million tax evasion charges. Ver was released on bail after posting a €150,000 bail. Ver must report to court every two days and must remain on the island of Maiorca.