Roger Ver Indicted for Tax Fraud

Ver sold “tens of thousands” of bitcoins in November 2017, taking in $240 million in cash, the DOJ alleged. “Even though Ver was not then a U.S. citizen, he was still legally required to report to the IRS and pay tax on certain distributions such as dividends from MemoryDealers and Agilestar, which were U.S. corporations,” said the DOJ.