{"id":20684,"date":"2025-01-27T18:06:14","date_gmt":"2025-01-27T16:06:14","guid":{"rendered":"https:\/\/forklog.com\/en\/jameson-lopp-suggests-roger-ver-lacks-funds-for-tax-payment\/"},"modified":"2025-01-27T18:06:14","modified_gmt":"2025-01-27T16:06:14","slug":"jameson-lopp-suggests-roger-ver-lacks-funds-for-tax-payment","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/jameson-lopp-suggests-roger-ver-lacks-funds-for-tax-payment\/","title":{"rendered":"Jameson Lopp Suggests Roger Ver Lacks Funds for Tax Payment"},"content":{"rendered":"<p>Accused by the <span data-descr=\"Internal Revenue Service\" class=\"old_tooltip\">IRS<\/span> of tax evasion, Bitcoin.com founder Roger Ver refuses to settle out of court, either on principle or due to a lack of funds, according to Casa co-founder and <span data-descr=\"Chief Technology Officer\" class=\"old_tooltip\">CTO<\/span> Jameson Lopp.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">A lot of you have clearly fallen for Roger Ver&#8217;s political persecution ploy and don&#8217;t actually understand the charges against him, so I&#8217;ll break it down.<\/p>\n<p>1. The IRS says he didn&#8217;t pay the correct exit tax in 2014 because his filing reported that he personally owned 0 BTC when he\u2026<\/p>\n<p>\u2014 Jameson Lopp (@lopp) <a href=\"https:\/\/twitter.com\/lopp\/status\/1883857620932403549?ref_src=twsrc%5Etfw\">January 27, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In his view, although Ver is not a U.S. citizen, the tax authority is not overstepping its bounds.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Much of the complaint is related to American companies owned by Ver. These companies still have to pay U.S. taxes regardless of his status,&#8221; Lopp wrote.\u00a0<\/p>\n<\/blockquote>\n<p>He noted that the legal battle has been ongoing for several years, and it is evident that the IRS did not prioritize imprisoning Ver.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;It came to this because he chose not to pay. I bet even today he could negotiate a settlement. The tax authority prefers to collect revenue rather than imprison people,&#8221; the developer explained.\u00a0<\/p>\n<\/blockquote>\n<p>Lopp recalled that in 2024, MicroStrategy founder Michael Saylor managed to settle IRS claims by <a href=\"https:\/\/forklog.com\/en\/news\/microstrategy-and-michael-saylor-settle-tax-case-for-40-million\">paying $40 million<\/a>. Given the possibility of an amicable settlement, Ver&#8217;s principled refusal to pay raises questions.\u00a0<\/p>\n<p>The developer speculated that this might be due to a commitment to Bitcoin maximalism ideology. However, he leans more towards the idea that the businessman simply does not possess such a sum. Lopp saw indirect confirmation of his suspicion in Ver&#8217;s refusal to pay $47 million in a lawsuit from the bankrupt cryptocurrency derivatives platform CoinFLEX in 2022.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Why would someone who by all accounts should be a billionaire refuse to pay a relatively small amount to avoid prison? Perhaps because he is unable to do so,&#8221; concluded the CTO of Casa.\u00a0<\/p>\n<\/blockquote>\n<p>Lopp added that while taxation &#8220;is still extortion,&#8221; it is generally &#8220;a rather weak argument when dealing with a tax inspector.&#8221;<\/p>\n<p>Roger Ver himself recently appealed to newly elected <a href=\"https:\/\/forklog.com\/en\/news\/donald-trump-eccentric-populist-or-a-herald-of-cryptos-new-era\">U.S. President Donald Trump<\/a> for help in resolving the situation.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Mr. President, I am an American, and I need your help. Only you, with your commitment to justice, can save me <a href=\"https:\/\/twitter.com\/realDonaldTrump?ref_src=twsrc%5Etfw\">@realDonaldTrump<\/a> <a href=\"https:\/\/t.co\/WhVTZ1M1GB\">pic.twitter.com\/WhVTZ1M1GB<\/a><\/p>\n<p>\u2014 Roger Ver (@rogerkver) <a href=\"https:\/\/twitter.com\/rogerkver\/status\/1883521344341750175?ref_src=twsrc%5Etfw\">January 26, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>U.S. authorities claim that the Bitcoin.com founder failed to declare capital gains from selling &#8220;tens of thousands&#8221; of bitcoins for $240 million in cash. The alleged fraud resulted in losses amounting to $48 million. The accused faces up to 30 years in federal prison.\u00a0<\/p>\n<p>In late April 2024, he was <a href=\"https:\/\/forklog.com\/en\/news\/roger-ver-arrested-for-tax-evasion\">detained<\/a> in Spain but was later released on bail.<\/p>\n<p>Back in December, Ver <a href=\"https:\/\/forklog.com\/en\/news\/roger-ver-challenges-tax-evasion-allegations-over-bitcoin-transactions\">filed<\/a> a motion in a California federal court to dismiss the case. He called the exit tax on individuals renouncing U.S. citizenship with assets over $2 million unconstitutional and &#8220;unfathomably vague.&#8221; The entrepreneur renounced U.S. citizenship in favor of St. Kitts and Nevis in 2014.<\/p>\n<p>Later, he accused the U.S. government of <a href=\"https:\/\/forklog.com\/en\/news\/roger-ver-accuses-us-authorities-of-political-persecution\">politically motivated persecution<\/a> for his statements and role in promoting Bitcoin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Accused by the IRS of tax evasion, Bitcoin.com founder Roger Ver refuses to settle out of court, either on principle or due to a lack of funds, according to Casa co-founder and CTO Jameson Lopp.\u00a0 A lot of you have clearly fallen for Roger Ver&#8217;s political persecution ploy and don&#8217;t actually understand the charges against [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20683,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[936,1138,105,558,26],"class_list":["post-20684","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-jameson-lopp","tag-opinions","tag-roger-ver","tag-taxes","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"54","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=20684"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20684\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/20683"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=20684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=20684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=20684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}