Synopsis– Roger Ver, famously known as “Bitcoin Jesus,” has agreed to pay about $48 million to settle a criminal tax fraud case brought by U.S. prosecutors. This tentative deal, marking a significant moment in cryptocurrency regulation, could spare him from facing a lengthy trial and potential prison time. The agreement ties into a broader shift under President Trump’s administration toward easing enforcement on crypto-related legal actions.
Settlement Terms and Background
Mr. Ver, 46, has been a well-known figure in the crypto world for over a decade, recognized for his early support of Bitcoin and his advocacy for Bitcoin Cash. He was charged last year with fraud and tax evasion, accused of underreporting his cryptocurrency holdings to avoid paying $48 million in taxes linked to his renunciation of U.S. citizenship in 2014.
The deferred-prosecution agreement he has reached requires him to pay nearly that amount to the government. If he complies with the terms, the charges will eventually be dropped. The deal still awaits court approval, with a hearing scheduled for December 15, 2025.
Political Connections and Lobbying Efforts
Mr. Ver’s case reflects the Trump administration’s softer stance on crypto enforcement. He actively engaged political operatives connected to President Trump to influence his case’s outcome. Earlier this year, Ver paid $600,000 to Roger Stone, a close Trump associate, to lobby against the tax rules central to the charges.
He also hired lawyers who previously represented Trump, including those involved in Trump’s second impeachment defense. These efforts exemplify how Ver combined legal defense with political strategy in hopes of minimizing penalties.
Trump Administration’s Crypto Policy Shift
Since President Trump’s return to office, cryptocurrency policy has notably changed. The administration has rolled back much of the strict enforcement seen under the previous Biden government. Agencies like the Securities and Exchange Commission (SEC) have dropped lawsuits against leading crypto firms like Coinbase.
Furthermore, Trump has pardoned high-profile figures linked to the crypto space, including Ross Ulbricht and BitMEX founders. In January 2025, Trump signed an executive order promoting blockchain innovation, signaling support for digital asset growth and innovation rather than heavy regulation.
Impact on Crypto Industry and Public Reaction
This settlement is seen as a win for leniency advocates within the crypto industry. It signals a reduced threat of aggressive regulatory crackdowns. While some praise the resolution as fair, others criticize it as favoritism for politically connected individuals.
Ver’s influence in crypto has declined, but this deal allows him to continue operating without a criminal record. On social media platforms like X (formerly Twitter), the news sparked lively debate, with opinions divided between relief and skepticism about privileged treatment.
Written By Fazal Ul Vahab C H
