“The crypto investor known as ‘Bitcoin Jesus’ has been arrested in Spain on behalf of the US government on charges of tax fraud and failing to pay nearly $50 million in taxes earned from Bitcoin sales.”
Ahhh, this makes perfect sense. This gentleman didn’t play his cards correctly and has misunderstood/underestimated his government.
It didn’t take long in reading this article to see that this gentleman sold bitcoin at a gain and didn’t pay the gains tax. That’s a no no. I’ve never sold any BTC and I wouldn’t suggest anyone sell either. Spend sats but never sell, particularly at a gain.