A lot of you have clearly fallen for Roger Ver's political persecution ploy and don't actually understand the charges against him, so I'll break it down.

1. The IRS says he didn't pay the correct exit tax in 2014 because his filing reported that he personally owned 0 BTC when he had more like 58,000 BTC.
2. The IRS isn't overstepping their reach going after a non-citizen because the bulk of their complaint is related to US companies Ver owns. Those companies still have to pay US taxes regardless of his status.

No, the IRS isn't suddenly seeking to throw Ver in prison when they could "just send him a bill." That's not how they operate - they've been going back and forth with him for years on this matter. It got to this point because he has chosen not to pay. I bet that even to this day he could negotiate a settlement; the IRS prefers to profit rather than put people in prison.

Astute observers may recall that Michael Saylor had similar tax issues last year and settled for $40M so that he could move on with his life. A logical decision.

So why is Ver refusing to pay? Perhaps it's ideological, in which case he's his own worst enemy. But perhaps he's unable to pay.

Remember that in 2022 CoinFlex went bankrupt and claimed Ver owed them $47M for a margin call. He disputed this claim and didn't pay. Perhaps this is a clue.

Why would someone who by all accounts ought to be a billionaire refuse to pay such a relatively small amount in order to stay out of prison? Perhaps it's because he is unable to do so.

And yes, taxation is still extortion, but that tends to be a pretty weak argument when you're dealing with the tax man.

It appears Ver's claim of owning 0 personal BTC resulted from him claiming he gifted it to his partner in 2011, which the IRS disputes actually happened.