Ah, dear reader, gather ’round as we delve into the curious case of Ross Ulbricht, the notorious architect of the Silk Road, who has now donned the cape of a hero, rallying support for none other than Roger Ver, the beleaguered Bitcoin savior, recently apprehended in the sun-kissed land of Spain! 🌞
Our dear Roger, it seems, has found himself in a pickle, arrested under the watchful eye of the U.S. Department of Justice, accused of committing tax fraud that would make even the most seasoned tax evader blush. Allegedly, he has underreported his Bitcoin gains to the tune of a staggering $50 million! 💰
Federal prosecutors, those ever-vigilant guardians of the tax code, claim that Ver has been playing a game of hide-and-seek with his tax returns. And let us not forget, this is the same Roger who renounced his U.S. citizenship back in 2014, perhaps hoping to escape the clutches of Uncle Sam. But alas, the long arm of the law is not so easily evaded! 🕵️♂️
“Roger Ver was there for me when I was down and needed help. Now Roger needs our support,” tweeted Ulbricht, who, having spent over a decade in the iron embrace of a maximum-security prison, surely knows a thing or two about the trials of justice. Freed by a pardon from President Trump, he now stands as a beacon of hope for his fellow crypto crusader. 🕊️
But the stakes are high, dear friends! The so-called “Bitcoin Jesus” could find himself behind bars for a staggering 20 years, thanks to the DOJ’s laundry list of charges: three counts of mail fraud, two counts of tax evasion, and three counts of false tax returns. One can only imagine the bureaucratic ballet that ensues! 💃
Each mail fraud charge carries a maximum sentence of 20 years, which begs the question: should one truly spend a lifetime in prison over taxes? “Let him pay the tax (if any) and be done with it,” Ulbricht wisely opines, echoing the sentiments of crypto lawyer James Murphy, affectionately known as MetaLawMan. Together, they hope for a swift resolution, perhaps even a miracle from the Justice Department! 🙏
It is unusual for prosecutors to pursue someone for miscalculating their “exit tax” 10 yrs after they renounced their citizenship.
The prosecution of @rogerkver appears to be part of the Biden admin’s coordinated attack on crypto.
I would expect the Trump DOJ to drop the case.— MetaLawMan (@MetaLawMan) February 20, 2025
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2025-02-20 22:26