Bitcoin Cash (BCH) struggling badly, as its top leader was arrested for not paying taxes on crypto gains

Roger Ver was arrested by the US Department of Justice (DoJ) over not paying crypto taxes against profit.

Roger Ver was a popular Bitcoin supporter & also he was a highly reputed person in the Bitcoin sector because it was only Ver who jumped to advocate Bitcoin & invest money in Bitcoin businesses in the initial days of Bitcoin adoption. Later he somehow managed to convince more than 50% of Bitcoin miners for the Bitcoin fork to give birth to a new Bitcoin blockchain network called “Bitcoin Cash (BCH)”.
After the birth of Bitcoin Cash (BCH), Roger started to give preference to the Bitcoin Cash blockchain network as the best option to fight against the challenges associated with the Bitcoin network. Roger lost his respect significantly for ditching Bitcoin.

As per recent reports, Roger Ver was arrested in Spain for $50 million in tax evasion. The US authorities are seeking his extradition to the US jurisdiction.
He has been charged with alleged mail fraud, tax evasion, and filing false tax returns.

Long-term Bitcoin advocate Dan Hel shared his opinion on this arrest news and called it a good thing for Bitcoin, as he was negatively promoting Bitcoin to support Bitcoin Cash.

Crypto-centered X account Pledditor said he believes that Ver’s arrest might be connected to him being mentioned in various investigations, including those involving Binance, Genesis, and Three Arrows Capital.

It is worth it to note that Roger renounced his citizenship in 2014 but still, many veteran Bitcoin & Crypto advocates urged the US DOJ to pursue tax evasion charges against Ver.

The negative news around Roger Ver is going to impact the trade price of Bitcoin Cash (BCH) badly. So far BCH trade price seems unfazed. The current trade price of Bitcoin Cash is $444.

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