Quote from: Abiky on Today at 01:49:21 AM

Quote from: mindrust on May 19, 2024, 06:11:20 PM

Never go to any of the US-allied countries if you owe tax money to the US. The outcome wouldn't have been any different if he had visited Portugal or Germany instead of Spain. They caught the btc-e CEO in which country? Greece? They can get you anywhere unless you are in Russia/China.

The better solution is: don't get indebted to the US.

Al Capone couldn't get away, McAfee couldn't get away. You won't get away too.

Taxes are taxes. We should do our duty to pay them, even if we don't like how "unfair" the system is. What's best? To pay taxes and live "free" (as in liberty)? Or evade them and face serious consequences in the long run?

Roger Ver made a mistake by revealing his identity to the public. If he were anonymous, he'd have a higher chance of not getting arrested. Even so, I believe he should've paid his taxes to settle things once and for all with the IRS. Now he's ultimately paying the price of what he did. Expect to see other crypto players getting arrested by the US government as it expands its outreach. Perhaps, this will force the crypto industry to move somewhere else?

The problem is, people didn’t know what to do with their gains on bitcoin back in the day. We are talking about the 2013-2014 era if I am not mistaken. During those years, what was the US’ position on bitcoin? Most legal authorities didn’t know what to do with it. Coinbase (the exchange) was only 1 year old. Bitcoin itself was 5 years old. Let alone the taxman, nobody really knew shit.

I am pretty sure many US citizens didn’t pay shit from the crypto capital gains they have made 10 years ago. Somehow I feel like they hand picked Roger. Maybe it is because he was an easy target since he have lots of money.

A few years ago I remember that Peter Schiff also got into trouble with the IRS but unlike Roger, Peter knows the tax shit very well since his father died in prison for evading taxes. So he actually got an apology from the IRS in the end because there was no wrongdoing.