Roger Ver Pays $49.9 Million Over Bitcoin (BTC) Expatriation Tax Filing

Roger Ver paid about $49.9 million in taxes, penalties and interest after admitting he deliberately omitted Bitcoin (BTC) from a 2016 U.S. expatriation tax filing, which he acknowledged caused a $16,864,105 tax loss. Ver admitted that his May 2016 filing left out Bitcoin and that the omission was deliberate. Prosecutors sought dismissal of the case after he paid. An April 2024 indictment alleged that Ver and companies he controlled held about 131,000 Bitcoin in February 2014, when each coin was worth about $871.