DeFi Daily News
Thursday, May 22, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home DeFi Web 3

rewrite this title ‘Bitcoin Jesus’ Pays Trump Ally Roger Stone $600,000 to Lobby Against Exit Tax – Decrypt

Vismaya V by Vismaya V
April 25, 2025
in Web 3
0 0
0
rewrite this title ‘Bitcoin Jesus’ Pays Trump Ally Roger Stone 0,000 to Lobby Against Exit Tax – Decrypt
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

In brief

Roger Ver paid Republican political operative Roger Stone $600,000 to lobby against the U.S. “exit tax” tied to his federal tax evasion charges.
The DOJ alleged last year that Ver concealed crypto assets and failed to report $240 million in Bitcoin gains after renouncing U.S. citizenship.
Ver’s case joins a growing list of crypto prosecutions seeking relief under Trump’s crypto-friendly administration.

‘Bitcoin Jesus’ Roger Ver, once known for giving away Bitcoin in the streets of Silicon Valley, has now paid U.S. President Donald Trump’s long-time political confidant, Roger Stone, $600,000 to help him escape a federal criminal case that could land him behind bars for life.

Stone, infamous for his Nixon tattoo and self-styled as a “dirty trickster,” last month filed lobbying disclosures indicating he was hired in February to push lawmakers to dismantle U.S. tax provisions underpinning the Department of Justice’s indictment of Ver.

Specifically, he is targeting the so-called “exit tax,” which applies to Americans renouncing citizenship, and is central to the $48 million in taxes the DOJ claims Ver owes.

Ver’s legal push comes amid a pro-crypto pivot in the Trump administration, where industry backing and regulatory rollbacks have opened the door for clemency bids and policy reversals.

Last April, the DOJ charged Ver with multiple counts, including mail fraud, tax evasion, and filing false tax returns.

The agency alleges Ver submitted misleading information about his crypto holdings while preparing to expatriate from the U.S. in 2014, and failed to report capital gains after selling roughly $240 million in Bitcoin in 2017.

He was arrested in Spain that same month and released on €150,000 bail in May, under the condition that he surrender his passport and report regularly to authorities while he fights extradition to the U.S.

In January, Ver tweeted a video appeal on tying his case to what he called the “weaponization of justice” under the Biden administration.

“If there’s anybody that knows what it’s like to be the victim of lawfare for spreading American ideals, it’s Donald Trump,” Ver said, as images of Biden and Harris played behind him.

Ver’s legal team has filed a motion to dismiss the case, arguing that the tax laws cited in the indictment are vague, outdated, and provide no clear guidance for early adopters of crypto.

“This prosecution must end,” his attorneys wrote, accusing the DOJ of relying on selectively quoted evidence and misrepresenting privileged communications.

Stone, for his part, insists he hasn’t directly lobbied Trump for a pardon.

“I have not lobbied any official in the executive branch… including the president,” he told The New York Times, clarifying that his role is focused on supporting Ver’s legal team behind the scenes.

But the political subtext is hard to ignore, as last December, Stone’s website published an essay titled “Why Roger Ver Deserves a Presidential Pardon.”

Stone himself is no stranger to the inside of a courtroom or presidential clemency. In 2019, the political consultant and subject of 2017 documentary “Get Me Roger Stone” was convicted of lying to Congress, witness tampering, and obstructing the House Intelligence Committee’s investigation into Russian interference in the 2016 election.

Sentenced to 40 months in prison, he never served a day as Trump commuted his sentence in 2020 and later granted a full pardon.

Crypto clemency: who’s in, who’s lobbying

Trump’s second term has already seen a cascade of pardons for crypto-linked figures. In January, he granted a full, unconditional pardon to Ross Ulbricht, the Silk Road founder serving two life sentences plus 40 years.

The U.S. President called the sentence “ridiculous” and said Ulbricht was a victim of the same “lunatics” targeting him.

In March, Trump pardoned BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed, who had pleaded guilty in 2022 to violating the Bank Secrecy Act.

Now, other crypto personalities are circling. Sam Bankman-Fried, founder of the collapsed FTX exchange and currently serving a 25-year sentence for defrauding customers, has pivoted politically.

In February, he expressed admiration for Trump and Tesla CEO Elon Musk, criticized the Biden administration’s “inefficiency,” and hinted at ongoing talks with Republican operatives.

“I’ve been working with Republicans a lot more than had been previously thought,” SBF told The New York Sun.

For his part, Ver may struggle to secure a pardon from the Oval Office. In January, Trump ally Elon Musk argued that by renouncing his U.S. citizenship, Ver had lost his right to a pardon, tweeting that, “Membership has its privileges.”

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website http://defi-daily.com and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: AllyBitcoinDecryptExitJesuslobbyPaysrewriteRogerStonetaxtitleTrump
ShareTweetShare
Previous Post

rewrite this title Jupiter DAO Unveils ‘Next Two Years: DAO Resolution’ Proposal, Focusing On Progressive Independence And High-Level Funding

Next Post

rewrite this title Baidu Unveils New Tech to Simplify AI Model Training – Metaverseplanet.net

Next Post
rewrite this title Baidu Unveils New Tech to Simplify AI Model Training – Metaverseplanet.net

rewrite this title Baidu Unveils New Tech to Simplify AI Model Training - Metaverseplanet.net

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title Gate Dubai Secures Full VARA VASP Licence for Crypto Exchange Services

rewrite this title Gate Dubai Secures Full VARA VASP Licence for Crypto Exchange Services

April 29, 2025
Moralis Web3: Enterprise-Grade Crypto PnL API for Tracking Wallet Profit & Loss

Moralis Web3: Enterprise-Grade Crypto PnL API for Tracking Wallet Profit & Loss

July 24, 2024
Setting Up OpBNB RPC Nodes: Step-by-Step Guide to Creating an opBNB Node for Free Using Moralis Web3 API

Setting Up OpBNB RPC Nodes: Step-by-Step Guide to Creating an opBNB Node for Free Using Moralis Web3 API

June 27, 2024
rewrite this title with good SEO Best Crypto Presales Tapping Into the Stablecoin Boom

rewrite this title with good SEO Best Crypto Presales Tapping Into the Stablecoin Boom

April 6, 2025
Exploring the Top Option for Streaming On-Chain Data – Moralis Web3 | Enterprise-Grade Web3 APIs as an Alternative to QuickAlerts

Exploring the Top Option for Streaming On-Chain Data – Moralis Web3 | Enterprise-Grade Web3 APIs as an Alternative to QuickAlerts

July 12, 2024
Tech companies are interested in nuclear power, but some utilities are blocking their progress.

Tech companies are interested in nuclear power, but some utilities are blocking their progress.

August 10, 2024
rewrite this title Women’s Champions League final: Can Arsenal upset Barcelona?

rewrite this title Women’s Champions League final: Can Arsenal upset Barcelona?

May 22, 2025
rewrite this title Warner Bros. President Of Physical Production Michele Imperato Stabile To Retire Later This Year

rewrite this title Warner Bros. President Of Physical Production Michele Imperato Stabile To Retire Later This Year

May 22, 2025
rewrite this title Strategy Announces Plan to Raise .1B to Strengthen Bitcoin Holdings: BTC Price Hits New ATH

rewrite this title Strategy Announces Plan to Raise $2.1B to Strengthen Bitcoin Holdings: BTC Price Hits New ATH

May 22, 2025
rewrite this title Odos Is Building Smarter Paths for DeFi Liquidity — With Real-World Assets in Sight

rewrite this title Odos Is Building Smarter Paths for DeFi Liquidity — With Real-World Assets in Sight

May 22, 2025
rewrite this title XRP Ledger sharpens competitive edge with fresh stablecoin additions of EURØP, USDB, and XSGD

rewrite this title XRP Ledger sharpens competitive edge with fresh stablecoin additions of EURØP, USDB, and XSGD

May 22, 2025
My Girlfriend Has a Boat in Her Trust Fund

My Girlfriend Has a Boat in Her Trust Fund

May 22, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.