‘Bitcoin Jesus’ Roger Ver Slams US Overreach Amid Indictment Battle – Details

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As a seasoned cryptocurrency investor with over two decades of involvement in this rapidly evolving digital economy, I find myself deeply concerned about the ongoing legal battle between Roger Ver, the Bitcoin Jesus, and the United States government. Having witnessed firsthand the transformative potential that cryptocurrencies hold for our financial future, it is disheartening to see such a prominent figure facing allegations of tax evasion.

The well-known figure in the crypto sphere, nicknamed “Bitcoin Jesus,” who faces a multi-million-dollar tax evasion allegation, pleaded with a federal court to dismiss the charges against him. Roger Ver, a significant influencer in the world of cryptocurrencies, countered the Biden administration’s actions, claiming that the U.S. government is abusing its power unconstitutionally by attempting to suppress the cryptocurrency industry excessively.

Seeking Case Dismissal

Ver’s legal team has recently requested the dismissal of all tax evasion charges against the Bitcoin influencer, arguing that the U.S. government exceeded its authority, acting outside the bounds set by the Constitution.

In February, Bitcoin advocate, known as “Bitcoin Jesus,” was taken into custody during a cryptocurrency event in Barcelona. This was due to accusations that he failed to declare his Bitcoin earnings from sales, which could potentially be tax evasion.

Roger Ver intends to counteract what he perceives as a politically driven attack on cryptocurrency, by enlisting legal assistance from Steptoe LLP and Kimura London & White law firms.

NEW from me: Roger Ver’s legal team moves to dismiss indictment citing government overreach

Legal representatives for the individual known as “Bitcoin Jesus” (Roger Ver) are optimistic that the ongoing tax evasion charges against him may be dismissed due to President Trump’s pledge to ease up on cryptocurrency regulations, which some refer to as a crackdown.

— Eleanor Terrett (@EleanorTerrett) December 4, 2024

As a dedicated crypto investor, I recently found myself relieved when my legal team petitioned Judge Michael W. Fitzgerald of the United States District Court for the Central District of California to discard the indictment levied against the influential figure in our digital currency world. They based their argument on the grounds that the accusations stem from an unconstitutional expansion of governmental authority and misleading evidence presented against my client.

According to the motion, it’s proposed to discard the accusation. The reasons behind this are that the charges themselves infringe on constitutional rights: they base their argument on a tax that is considered illegal under both the 16th Amendment and the Due Process Clause of the 5th Amendment.

‘Purely Political’

Ver’s legal team believes the U.S. Department of Justice’s indictment against him is purely politically motivated, an opinion shared by many online users who see it as a component of the government’s crackdown on digital currencies.

The lawyers pointed out that the Bitcoin influencer’s situation serves as an illustration of how authorities can control an industry by enforcing regulations without clearly defining the rules applicable to it, a strategy that has been employed by government bodies during the Biden administration.

Back in April, I found myself facing some serious accusations. A U.S. grand jury indicted me for eight instances of suspected illegal activity, primarily revolving around an alleged failure to pay taxes on nearly $50 million earned from Bitcoin sales in 2017. Additionally, there were charges that I had undervalued my cryptocurrency assets in 2014.

A Glimmer Of Hope

It’s particularly advantageous to submit a motion for dismissal of charges now, given that the United States is currently undergoing a shift in leadership towards a new administration. Many people think this new administration may have a more favorable view towards cryptocurrencies compared to the Biden administration.

Ver’s legal team is hopeful that, with the presidency of Donald Trump, the indictment against their client may be dismissed. Trump has made promises that his government will adopt a friendlier stance towards the cryptocurrency sector.

The actions taken against Ver by the U.S. Justice Department have sparked strong criticism from the cryptocurrency community, who argue that the department’s aggressive stance towards regulating digital assets is unjustified.

Lawyer Robert Barnes expressed his viewpoint that the charges brought against the influential figure in the cryptocurrency sector appear to be a targeted use of power, or “lawfare,” against the crypto industry. He further explained that this case showcases an instance where people are being singled out due to political motivations rather than substantial proof of misconduct.

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2024-12-05 07:12