Early Bitcoin (BTC) investor and Bitcoin Cash (BCH) advocate Roger Ver is close to settling tax fraud charges with the U.S. Department of Justice, the New York Times reported Thursday.
Often known as "Bitcoin Jesus" due to his early evangelization for the crypto, Ver was indicted last April and arrested in Spain on allegations he failed to file tax returns on capital gains he made after selling "tens of thousands" of bitcoins and giving up U.S. citizenship, the DOJ charged at the time. Ver fought his extradition to the U.S., filing a lawsuit earlier this summer.
According to the Times, the proposed settlement is subject to change but would see Ver paying about $48 million for the taxes he allegedly owes. It has not yet been filed to or approved by the federal judge overseeing the case.