Roger Ver Arrested for Tax Evasion as Coinbase Enables Lightning
The Breakdown
Blockworks
4.8 • 806 Ratings
🗓️ 2 May 2024
⏱️ 14 minutes
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| 0:00.0 | Welcome back to The Breakdown with me, NLW. |
| 0:09.0 | It's a daily podcast on Macro, Bitcoin, and the Big Picture Power Shifts remaking our world. |
| 0:19.0 | What's going on, guys? It is Wednesday, May 1st, and today we are talking about Roger |
| 0:23.2 | Vairr being arrested. Before we get into that, however, if you are enjoying the breakdown, |
| 0:27.3 | please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper |
| 0:31.0 | into the conversation, come join us on the Breakers Discord. You can find a link in the show notes |
| 0:34.8 | or go to bit.ly slash breakdown pod. |
| 0:44.1 | Yesterday, we were talking all about CZ from Binance's sentencing. And as that was happening, |
| 0:48.9 | in fact, as I was waiting for the judge to hand down the sentence, which ended up, of course, |
| 0:55.1 | being four months because CZ four, you get it, news broke that another arrest in the crypto space had happened, |
| 0:59.5 | and this time it was Roger Ver. There, if you're not familiar, was one of the earliest Bitcoin investors and evangelists. He was so pivotal in the early 2012-2013-era Bitcoin community |
| 1:05.1 | that he came to be known by the moniker Bitcoin Jesus. Most notably, Verr was the CEO of |
| 1:09.8 | Wallet developer and news site Bitcoin.com |
| 1:11.9 | during the early days. Now, if you don't have a rosy impression of Vair, it's probably because |
| 1:16.8 | during the block size wars, he became a key antagonist. He sided with the big blockers and pushed |
| 1:21.7 | his agenda, in some cases using extremely aggressive tactics. Verr went on to play a pivotal role |
| 1:26.7 | in the 2017 founding of Bitcoin |
| 1:28.2 | cash, a big blocked fork of Bitcoin intended to support payments. Since then, Verre's influence |
| 1:32.9 | in the Bitcoin space has largely faded into irrelevance. Well, yesterday he was arrested in Spain |
| 1:38.0 | on criminal tax evasion charges. The IRS alleges that Ver failed to pay roughly $48 million |
| 1:43.2 | in taxes related to the ownership |
| 1:44.8 | and sale of Bitcoin. The case is fairly technical dealing with the intricacies of U.S. citizenship |
... |
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