Roger Ver Enlists Trump Ally Roger Stone for Crypto Tax Law Lobbying Amid Legal Heat
25.04.2025 11:32
Roger Ver, a notable figure in the cryptocurrency arena, has hired Roger Stone—known for his association with former President Trump—to lobby against current crypto tax laws. Ver reportedly paid Stone $600K for his services as he faces serious legal challenges, including US extradition related to alleged tax evasion amounting to $48 million. Stone officially began lobbying in February 2025, with efforts concentrated on influencing modifications to existing crypto tax regulations. This high-profile maneuver spotlights both the financial and political dimensions of the crypto space, drawing comparisons to past cases involving figures like Ross Ulbricht and Arthur Hayes, where regulatory scrutiny produced varied market impacts. As investor sentiment remains cautious amid these unfolding legal and regulatory developments, the case is likely to add an extra layer of complexity to policy debates that could shape future market dynamics.
The news introduces heightened volatility for BCH as market participants weigh the risks tied to Roger Ver's legal challenges against potential long-term benefits from regulatory reforms. In the short term, uncertainty and investor caution may drive prices downward; however, if the lobbying converts into crypto-friendly tax adjustments, BCH could see a more optimistic market recovery over time. Historical parallels with past regulatory crackdowns underscore the balance between immediate negative impacts and deferred positive regulatory influences.