CRYPTO

Authored by Turner Wright via CoinTelegraph.com,

The early crypto investor, often called ‘Bitcoin Jesus,’ faces extradition to the U.S. after being charged with evading nearly $50 million in taxes.

Officials with the United States Department of Justice announced charges against early Bitcoin investor Roger Ver, known by many as ‘Bitcoin Jesus.’ 

In an April 30 notice, the Justice Department said authorities in Spain had arrested Ver based on criminal charges (more…)

Authored by Turner Wright via CoinTelegraph.com,

United States House Financial Services Committee Chair Patrick McHenry has alleged Securities and Exchange Commission (SEC) Chair Gary Gensler “knowingly misled Congress” over the regulator’s alleged attempts to classify Ether as a security.

In an April 30 X post, Representative McHenry claimed that Gensler intentionally misled lawmakers in testimony before the Committee.

The U.S. lawmaker referred to claims made in a recent court filing by software development firm Consensys, which filed a lawsuit against the SEC on April 25.

Source: Representative Patrick McHenry

Consensys’s initial complaint in the U.S. District Court for the Northern District of Texas highlighted public inconsistencies in the (more…)

Former Binance CEO Changpeng Zhao ("CZ") was sentenced to four months in jail on Tuesday in a Seattle federal court, according to The Wall Street Journal. Late last year, CZ pleaded guilty to money-laundering charges and relinquished his position as the head of Binance. He was also fined $50 million, while the world's largest cryptocurrency trading company was fined $4.3 billion. 

"You had a responsibility to comply with United States regulations. Not some but (more…)