Roger Ver Dey Sue Spain to Block $48M Tax Extradition for ECHR
Roger Ver don file lawsuit for the European Court of Human Rights (ECHR) to block im extradition from Spain go the U.S. because dem dey accuse am say e do mail fraud, tax evasion plus false tax returns after e sell tens of thousands bitcoins for 2017. U.S. prosecutors talk say Ver underreport the gains wey e make from $240 million token sales and e evade tax pass $48 million. Ver people talk say Spain no follow international extradition rules well and dem ignore early legal wahala for U.S. exit tax for crypto assets. Spanish court gree make e bail after dem arrest am for Mallorca, na so ECHR confirm say dem don receive im complaint. This Roger Ver extradition palava bring political drama, as dem give lobbyist Roger Stone $600,000 and make appeal go former President Trump, e split crypto community. This case show say regulatory scrutiny dey increase and legal wahala dey for crypto tax matter wey traders suppose dey watch well well.
Bearish
Roger Ver’s ongoing extradition and tax evasion wahala dey bring regulatory wahala enter Bitcoin market. For short-term, di increased legal lookout fit make traders lose confidence and make liquidity small, wey go push BTC prices down. For long-term, if exit tax and extradition rules no clear, e fit still make market dey volatile, but if legal matter settle well, e fit bring better direction and market steadiness.