Bitcoin investor Roger Ver was charged with tax fraud by the US Department of Justice on Tuesday.

The DOJ is seeking Ver’s extradition for a trial in the US. He was arrested in Spain on US criminal charges. 

The DOJ alleges that Ver evaded $50 million in taxes. Ver, the DOJ noted, became a citizen of St. Kitts and Nevis in 2014, but he still had two US companies — MemoryDealers.com and Agilestar.com. The Justice Department said that Ver bought bitcoin for both himself and the two companies. 

Ver was required to pay an “exit tax” on the capital gains. Both the companies and Ver allegedly owned roughly 131,000 bitcoin in 2014, with the companies specifically owning 73,000 of…

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