Bitcoin (BTC) Magnate Roger Ver’s Arrest Sparks Major Reaction from Blockstream’s Samson Mow (SMOW)

• Roger Ver, an early Bitcoin supporter, has been arrested in Spain on charges of tax evasion.
• Ver is accused of causing a loss to the Internal Revenue Service of $48 million by selling $240 million worth of Bitcoin from his companies and not paying tax on those sales.
• Samson Mow, a major opponent of Ver, has commented on the arrest but stated he does not celebrate Ver’s misfortune.

Roger Ver, an early Bitcoin supporter, has been arrested in Spain on charges of tax evasion, causing a loss to the Internal Revenue Service of $48 million. This news has stirred reactions in the crypto community.

Roger Ver arrested in Spain

Roger Ver, known as “Bitcoin Jesus,” has been arrested in Spain on charges of avoiding major tax payments to the U.S. IRS. Ver is accused of causing a loss to the Internal Revenue Service of $48 million by selling $240 million worth of Bitcoin from his companies in 2017 and not paying tax on those sales.

Reaction from the crypto community

Samson Mow, a major opponent of Ver on the issue of Bitcoin, has been criticizing him heavily recently. However, upon hearing the news of Ver’s arrest, Mow stated that he does not celebrate Ver’s misfortune. Ver is now awaiting extradition to the U.S.

Similarities with John McAfee’s case

Interestingly, Ver’s situation mirrors that of late crypto baron John McAfee, who was arrested in Spain in 2020 over massive tax evasion on his crypto profits. McAfee committed suicide in Spanish prison in June 2021, a story that has raised a lot of controversy.

Conclusion

The arrest of Roger Ver has sent ripples through the crypto community. As he awaits extradition to the U.S., comparisons are being drawn to the case of John McAfee, another prominent figure in the crypto world who faced similar charges. This development serves as a reminder of the legal implications of tax evasion, even in the relatively unregulated world of cryptocurrencies.