The indictment further alleges that even after his expatriation from the U.S., Ver continued to underreport his Bitcoin ownership, which he was still required to pay U.S. taxes on. The DOJ claims that Ver's two companies retained about 7,000 bitcoins by June 2017, and Ver purportedly sold tens of thousands of them for around $240 million in cash, causing a loss to the IRS of at least $48 million