California Court Nears Dismissal of Charges Against Bitcoin Advocate Roger Ver

According to Cointelegraph, a federal court in California is moving towards dismissing the criminal indictment against Roger Ver, a prominent Bitcoin advocate often referred to as 'Bitcoin Jesus.' On Tuesday, the U.S. District Court for the Central District of California received a proposed order from the U.S. government requesting Judge Michael Fitzgerald to dismiss the indictment against Ver without prejudice. This development follows an agreement between the government and Ver, in which Ver agreed to pay $49.9 million along with all applicable taxes, penalties, and interest related to his Bitcoin holdings to the Internal Revenue Service (IRS). The proposed dismissal is part of a deferred prosecution agreement filed by the U.S. government in September. This agreement outlines specific conditions under which Ver's case could be dismissed. Ver acknowledged his obligation to file a statement and pay taxes on certain cryptocurrency assets before he renounced his U.S. citizenship in 2014. The resolution of this case marks a significant moment in the ongoing legal proceedings involving Ver, who has been a notable figure in the cryptocurrency community. As this story continues to develop, additional information will be provided as it becomes available.