5LOS ANGELES, CA – Roger Ver, an early cryptocurrency investor once hailed as “Bitcoin Jesus,” has reached a deal with federal prosecutors to resolve criminal tax charges, agreeing to pay nearly $50 million in back taxes, penalties, and interest.

The U.S. Department of Justice announced Thursday that Ver entered into a deferred prosecution agreement, acknowledging he willfully failed to report millions in bitcoin-related capital gains after renouncing his U.S. citizenship in 2014.

As part of the resolution, the government moved to dismiss the criminal indictment against him after payment and admission of wrongdoing.

Failure to disclose bitcoin holdings during expatriation

According to court documents, Ver, who obtained citizenship in St. Kitts and Nevis, was required to file expatriat

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