Ripple CTO Breaks Silence on Bitcoin OG Roger Ver’s Arrest

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As a researcher with a background in cryptocurrency and blockchain technology, I’ve had the privilege of interacting with various pioneers and advocates in this space. One individual who stands out is Roger Ver, often referred to as “Bitcoin Jesus.” Having met him personally, I can attest that he was one of the nicest and most genuine people I have ever encountered.

David Schwartz, the CTO of Ripple, has spoken out about the recent arrest of Bitcoin Cash advocate Roger Ver in Spain on charges of tax evasion and mail fraud. In an open conversation, Schwartz discussed his interactions with Ver and offered insights into the Bitcoin veteran’s character and potential reasons for his alleged actions.

As a researcher studying the life of Ver, I cannot help but reflect on my interactions with him and describe him as one of the kindest and most authentic individuals I have encountered. His actions were guided by a deep-rooted belief in his moral principles. Nevertheless, it is important to acknowledge that perspectives towards Ver’s influence vary. While some view him as a positive force, others may see him differently.

As an analyst studying the Ripple (XRPL) ecosystem, I’ve noticed intriguing remarks made by one of its architects regarding Brad Garlinghouse, Ripple’s CEO, and his departure from the US. The architect suggested that this relocation might have been driven by a personal commitment to uphold moral values in the face of complications with tax issues.

I believe that was a significant factor in some of our earliest problems with the US government.

— David “JoelKatz” Schwartz (@JoelKatz) May 1, 2024

With respect to the allegations against Ver, Schwartz implied that they could be rooted in ideological contrasts, mirroring past concerns about Ver’s views. Notably, he pointed towards Ver’s long-standing backing of Ripple since its inception, suggesting it might have played a role in the early regulatory hurdles faced by the company from the U.S. government.

I was taken into custody in Spain by law enforcement recently, according to a statement from the U.S. Department of Justice. The accusations against me include tax evasion and mail fraud. The indictment alleges that I intentionally participated in a scheme to deceive the U.S. Department of the Treasury, resulting in a significant financial loss for the Internal Revenue Service, estimated at over $48 million.

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2024-05-01 11:34