https://www.justice.gov/opa/pr/early-bitcoin-investor-charged-tax-fraud
It looks to me that the allegations are that Ver sold $240 million worth of bitcoin in November 2017, during the blocksize war.
If he used those proceeds to buy bcash (created in Aug 2017) then he’s down ~70% on that amount.
It really hurts when the tax bill on the sale is about the same as the amount you have left. 😬