Although tax avoidance is completely legal, it is dangerous. You can freely do that but you have to make sure that you're a friend with the government. If not, there's always a reason for them to give you headache. There's always something for which you'd be held accountable.

It seems that what Ver is doing as far as not declaring every single coin that he has or undervaluing his companies is common. I doubt if there's a single company that makes honest-to-goodness declarations. It's just unfortunate that Ver is associated with crypto.

But it's certainly wiser not to create a link with your coins if you intend not to honestly report it.