rewrite this content using a minimum of 1000 words and keep HTML tags
Ross Ulbricht, the former operator of Silk Road who was recently pardoned, is speaking out in support of Roger Ver, also known as “Bitcoin
$95,547.53
Jesus”.
Ver is facing tax-related charges in the United States, which could lead to a prison sentence of more than 100 years if he is extradited.
Ulbricht took to X on February 20, saying Ver had supported him while he was imprisoned, and he wanted to return the favor. “Roger Ver was there for me when I was down and needed help. Now Roger needs our support”, he wrote.
Did you know?
Subscribe – We publish new crypto explainer videos every week!
What is Terra Luna? History & Crash Explained (ANIMATED)
Additionally, Ulbricht argued that prison time for tax-related offenses is excessive, adding, “Let him pay the tax (if any) and be done with it”.
Ver was arrested in April 2024 based on US charges of tax evasion, fraud, and filing false tax returns. Prosecutors claim he misreported capital gains from Bitcoin sales and undervalued two companies when he gave up his US citizenship in 2014 to become a Japanese citizen.
Ver denies the allegations, arguing that the process for paying the required tax was unclear at the time due to the limited liquidity of Bitcoin.
On January 26, Ver shared a video on X calling on US President Donald Trump for help. He claimed that only Trump’s “commitment to justice” could prevent his extradition and imprisonment.
Meanwhile, the viral “Hawk Tuah” girl, Haliey Welch, recently made a brief appearance following the troubled launch of her meme coin. How? Read the full story.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
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
