Spanish Court Grants Bail to Former Bitcoin.com CEO Accused of Tax Evasion
CryptoNewsTerminal Staff05 Jun, 2024
Spanish Court Grants Bail to Former Bitcoin.com CEO Accused of Tax Evasion
According to the crypto market insight platform Unfold Today, a Spanish court has granted bail to former Bitcoin.com CEO Roger Ver. Ver was accused of tax evasion to the tune of $50 million in connection with Bitcoin.com's operations in Spain. The court ordered Ver to surrender his passport and appear in court as the case progresses. The charges against Ver stem from his alleged failure to pay taxes on income earned from Bitcoin.com's operations in Spain. Spanish authorities claim that Ver owes approximately $50 million in back taxes. Ver has denied the allegations, claiming that he was not a resident of Spain and therefore not liable for taxes on his Bitcoin.com income. The case is expected to go to trial in the coming months. If convicted, Ver could face a significant prison sentence.
