Roger Ver released on bail in Spain awaiting extradition to the U.S.

Roger Ver, an early Bitcoin investor known as "Bitcoin Jesus," was released on bail in Spain after paying a 150,000 euro bail. Ver was allowed to leave prison on May 17 on the condition that he surrender his passport and remain in Spain pending a U.S. extradition decision. He faces $50 million in tax evasion charges in the U.S. and must report to court every two days. (Decrypt) Earlier in May, early Bitcoin investor Roger Ver was charged by the Department of Justice with mail fraud, tax evasion, and filing false tax returns. Roger Ver was arrested in Spain this week on U.S. criminal charges. The United States will seek to extradite Roger Ver to the United States for trial. It is reported that Roger Ver originally lived in Santa Clara, California, and owned two companies, MemoryDealers.com Inc. and Agilestar.com Inc., which sell computers and network equipment. Since 2011, Roger Ver has started buying Bitcoin for himself and his company, and his personal enthusiasm for promoting Bitcoin has earned him the nickname "Bitcoin Jesus." Roger Ver renounced his U.S. citizenship on February 4, 2014. After moving abroad, U.S. law required Roger Ver to file a tax return to report the capital gains from the sale of his assets worldwide (including Bitcoin), and he was required to pay taxes on these capital gains. The Department of Justice believes that Roger Ver has caused the IRS a total loss of at least $48 million.