Roger ver the guy who used to promote bitcoin in it's earlier days. And then later he moved onto one crypto project after another finally settling with bitcoin cash. He was one of those people who had stakes in projects like coinflex, bitcoin.com marketplace and other similar crypto apps.
This year seems to be the year of the arrests of the advocates and the millionaires who made it in the crypto market. We have seen how CZ is behind the bars, we have seen some of the exchange owners getting trialed and now the Roger ver. But we have to see if his arrest had any dirt on him or not.
I have been writing a lot of investigative pieces and linking to the references so that it kinds of adds some fresh take on the cases and brings some new content on inLeo. So let's cover Roger Ver case this time.
Let's take a look at some of the things that happened with Roger ver and how he ended in the legal side.
It all starts as an Investor and advocacy work in crypto...
If we go through Roger vere's past, we can see how he was behind some of the projects like memorydealers, bitpay and many other apps in the crypto market. In fact his portfolio continues to grow in the crypto and blockchain space. Some of the legit apps and the services has his funding too. Apart from that he even tried to contest for the california seat from the libertarian party.
However his work in the crypto and investor space made him more famous. Turns out his image was being built like John Mcfee and he was kind of trying to push oracle like image. And this has continues in the times of the bitcoin cash's popularity was on the peak. And then a lot of things happen which we will discuss that made his image downfall slowly due to his intentions and actions. You can check the refernce some of his past here.
From Bitcoin Cash Lobby to Coinflex Disaster
Those who were members of the noisecash and readcash must have remembers the time when the bitcoin cash was on the peak. It even reached past the 500 or higher price some even found the price nearing the 1K and above and then it dropped badly. At that time Roger ver was heavily lobbying for the bitcoin cash so much so people thought he was one of the cofounder. Then he and few big donators on the readcash left the platforms.
And slowly the bitcoin cash started dying. Then came the scammers who created the sidechain called smartBCH. At that time Roger was invested into a coin called CoinFLX. And they also had the platform where you can stake the FLEX coin and get the ROI just like you do with the celsius and other platforms. Later that platform went rugpull and people lost money. And it was the roger ver who rugged the platform and the consumers. You can check the reference for CoinFlex saga here.
Leaving USA to Getting Arrested for Selling Bitcoin
USA is one of those dangerous states out there where you can get into the house but you would never leave it completely as far as the tax is concerned. Same happened with the John mcfee. He was millionaire and then he joined the money laundering work to bypass govt. Same has been done by the Roger ver. He left USA and got the West Indies passport and citizenship. But USA has other plans and they were on the tail.
Roger ver sold his bitcoin in spain and had around 280 million of amount in his side. Which USA got the smell off and then they decided to catch him and run a trial on him. Now it does not matter where he lives or where is the fund. They are putting him behind the bars and now he would be also giving the money back to the state. So the freedom out of bitcoin is merely a dream for the people who believe in anonymity which unfortunately USA govt has cracked and started arresting the rich.
Roger ver used to be an investor and the crypto advocate but now he is behind the bars and he will be trialed for his sales of bitcoin in another country. Let's see what happens to variety of such sales that happened outside USA by the rich and the tax evaders. Regulation is out to get a lot of such people.