After reading the charges on Roger Ver I don't think this has much to do with Bitcoin itself.

He clearly falsified the value of his two companies on his returns. It doesn't matter what the assets were. He could have had the equivalent in gold bars, real estate, etc. It wouldn't have changed the charges.

This is a chicken shit move by the US Gov though. My question is: What did they know and WHEN did they know it? I don't think they just "discovered" this last week. I think it's market manipulation by the DoJ/US Treasury.

Reply to this note

Please Login to reply.

Discussion

A lot of Americans abroad flirt with relinquishing citizenship, but the entire idea of a “exit tax” that calculates your net worth makes that a dangerous prospect

There is a 10 year statute of limitations for IRS to bring suit or claims against individuals. This is the final year they could've brought charges for the 2014 exit tax evasion. That explains why they didn't wait longer, but why they waited this long, I have no idea.

Probably so that it could be part of a post-ETF flurry of FUD.

It's a message : don't mix, don't run, we can find you. Even if you think you got away with it, we'll get you one day. You will never sleep safe.

Those are all threats. In reality once a safe harbor has been established, they won't be able to keep everyone in.

It is another way to hit Bitcoin. You will see it in all media/TV to scare the clueless normies.

They will present it like is the end of Bitcoin, when in fact have nothing to do with it.

We are now at information war... meanwhile they will continue stacking BTC (Saylors, ETFs, politicians etc).

It's all a smoke screen.