Buterin Calls Roger Ver’s Legal Battle Absurd and Politically Driven
The post Buterin Calls Roger Ver’s Legal Battle Absurd and Politically Driven appeared on BitcoinEthereumNews.com.
Buterin called the case against Ver “absurd” and “politically motivated.” Meanwhile, a US court dismissed the SEC’s lawsuit against Hex founder Richard Heart due to jurisdictional issues, though Heart is still wanted by Interpol for tax fraud and assault in Finland. In the UK, Olumide Osunkoya received a four-year prison sentence for operating unregistered crypto ATMs, which was the country’s first criminal conviction for this kind of offense. Vitalik Buterin Supports Roger Ver Ethereum co-founder Vitalik Buterin recently expressed his support for Roger Ver, the early crypto investor and entrepreneur that is currently entangled in a legal battle with the United States Department of Justice (DOJ) over alleged tax evasion. Ver was arrested in Spain and faces extradition to the US. Since then, he has attracted a lot of backing from various figures in the crypto community, including Silk Road founder Ross Ulbricht. Buterin reposted Ulbricht’s message calling for the charges against Ver to be dropped and described the case as “absurd” and “politically motivated.” He criticized the US tax system, particularly its taxation of citizens regardless of residence and its stringent exit tax, and pointed out that very few other countries impose similar regulations. Ver’s legal troubles began when the DOJ announced tax evasion charges against him on April 30 of 2024. He was subsequently arrested in Spain and spent several weeks in prison before posting a $163,000 bail on May 17, 2024. (Source: DOJ) The bail conditions required him to stay in Spain, surrender his passport, and report to court officials every two days. In a legal filing that was submitted on Dec. 3 of 2024, Ver’s attorneys argued that the case was unconstitutional and sought to have the charges dismissed. They said that the US exit tax law for citizens with more than $2 million in investable…
Filed under: News - @ March 3, 2025 5:23 am