Early Bitcoin investor Roger Ver was arrested on suspicion of tax fraud and may be extradited to the United States

Early bitcoin investor Roger Ver has been charged with mail fraud, tax evasion and filing false tax returns, according to The Block. Ver allegedly concealed bitcoin ownership from the IRS and caused a reported loss of $48 million. According to a statement from the Justice Department on Tuesday, Ver was charged with mail fraud, tax evasion and filing false tax returns. Ver was arrested in Spain this weekend and could be extradited to the United States.

Roger Ver renounced his U.S. citizenship on February 4, 2014, and after moving abroad, U.S. law required Roger Ver to file tax returns reporting capital gains from the sale of his assets worldwide, including Bitcoin, and was required to pay taxes on those capital gains.

Ver was a resident of Santa Clara, California, but allegedly renounced his U.S. citizenship in 2014 after obtaining it in St. Kitts and Nevis. Known online as "Bitcoin Jesus," he is the former CEO of digital wallet developer Bitcoin.com.