‘Bitcoin Jesus’ Roger Ver Paid $600K to Trump Ally Stone to Lobby For Him: Report
Roger Ver, known by the nickname “Bitcoin Jesus” for his early investment and promotion of the popular crypto, has reportedly paid $600,000 to longtime Trump associate Roger Stone to lobby him, NYT reported.Ver is facing...
Roger Ver, known by the nickname “Bitcoin Jesus” for his early investment and promotion of the popular crypto, has reportedly paid $600,000 to longtime Trump associate Roger Stone to lobby him, NYT reported.
Ver is facing charges for his alleged involvement in mail fraud, tax evasion, and filing false tax returns. Per congressional filings, Ver defrauded the IRS, causing a loss of at least $48 million.
Ver has denied the charges, citing logistical challenges in filing the exit tax, including the illiquid nature of the Bitcoin market at that time.
In a video posted on his social media in January, Ver appealed to Trump, saying that he was being threatened with a possible sentence of more than 100 years in prison for his role in promoting crypto.
Roger Stone Files Paperwork, Lobbying for Bitcoin JesusAccording to the report, Roger Stone is lobbying Congress for Ver to change the law under which he was charged. He filed paperwork in February, which read that Stone had been retained by Ver and paid $600,000 to help his client’s case.
His lobbying comes at a time when President Trump has embraced crypto, granting clemency to crypto pioneers, including darknet marketplace Silk Road creator Ross Ulbricht.
In February, Ulbricht openly called for support for Roger Ver, seeking a pardon over his tax evasion charges. He expressed gratitude to Ver for supporting him during his imprisonment and called on others to rally behind Ver.
“Roger Ver was there for me when I was down and needed help. Now Roger needs our support,” Ulbricht wrote on social media. “No one should spend the rest of their life in prison over taxes.”
Additionally, President Trump has backed away from Gensler-era enforcement against several crypto companies.
For decades, I've been terrorized by rogue U.S. government agents who hate American freedom.
This is my story: pic.twitter.com/NEetn1b3r4
Last December, Stone posted an essay explaining why President Trump must act in pardoning Roger Ver.
“By pardoning Roger Ver, you won’t just be freeing one man—you’ll be declaring that America still stands for the dreamers, the builders, the innovators who dare to imagine a freer world,” he wrote at the time.
Stone told New York Times that he is not relying on his long-time relationship with Mr. Trump to help Ver.
“I have not lobbied any official in the executive branch of government including the president regarding his case or a pardon,” said Stone, adding that he was primarily hired to advise Ver’s legal counsel.
The post ‘Bitcoin Jesus’ Roger Ver Paid $600K to Trump Ally Stone to Lobby For Him: Report appeared first on Cryptonews.
Original source
Read on CryptonewsRelated market context
Trump to discuss Strait of Hormuz demining at G7 summit as crypto enters the maritime conflict
The G7 summit discussions on demining the Strait of Hormuz could reshape global trade security and influence crypto's role in geop...
Polish president vetoes crypto bill for third time ahead of MiCA deadline
Polish President Karol Nawrocki vetoed a bill to implement MiCA for the third time, just weeks before the end of the EU crypto fra...
Coinbase Quantum Report Warns Millions Of Bitcoin Could Face Future Security Risks
TL;DR Coinbase’s Quantum Advisory Council published a report on post-quantum migration and abandoned coins. The report estimates t...
Liberland fires tech sec for seizing blockchain and blocking president’s vote
Justin Sun’s made-up micronation Liberland has fired its secretary of technology after he allegedly blocked President Vít Jedlička...
Trump says Iran deal to be signed on Sunday as Bitcoin climbs above $63K
The potential Iran deal could stabilize geopolitical tensions, impacting global oil supply and influencing market dynamics, includ...
Bitcoin at $63,400 as Iran Says Strait of Hormuz Remains Closed Despite Trump’s ‘Great Deal’ Claim
Iran said the Strait of Hormuz remains closed despite President Donald Trump’s claim of a settlement, keeping pressure on oil and...