Roger Ver Net Worth: Inside Bitcoin Jesus’ Riches

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    Roger Ver, better known as “Bitcoin Jesus,” has a net worth of about $700 million, mostly due to his early investments in Bitcoin and other crypto projects. Ver is a popular crypto advocate on X to this day, though he is a deeply polarizing figure. He regularly sparks debates over his outspoken libertarian views, provocative stances against government intervention, and advocacy for dramatic crypto deregulation.

    Roger Ver | Source: Wikimedia Commons

    Outside of crypto Twitter, Ver is likely best known for his stint as the CEO of Bitcoin.com. Ver is also well known in the political sphere thanks to several major donations. For example, in late 2013, Ver contributed $2 million in Bitcoin to the Libertarian think tank called the Foundation for Economic Education.

    Over the years, Ver has caught the ire of the U.S. Department of Justice (DOJ) as well. In 2002, he was convicted of a one-count charge for selling explosives as fireworks on eBay. According to a court ruling, he was sentenced to ten months in prison. More recently, Ver was indicted by a California Grand Jury with three counts of mail fraud, two counts of tax fraud, and three counts of subscription to a false tax return.

    Breaking Down Roger Ver’s Net Worth in 2025

    Asset or Income Source Contribution to Net Worth
    Bitcoin holdings 131,000+
    Other crypto holdings Undisclosed
    Stakes in crypto companies Undisclosed
    Total Net Worth $700+ million

    Roger Ver’s Early Career: From Student to Business Mogul

    Roger Keith Ver was born on January 27, 1979. He grew up in San Jose, California and attended De Anza College, a community college located in Cupertino. There, he studied Economics, Math, and Astronomy. He later attended Stanford University to study Physics but he didn’t finish his degree, opting to drop out to pursue his business interests. By this point, he was already referring to himself as a libertarian, anarcho-capitalist, voluntaryist, peace advocate, and advocate for individualism. 

    Roger Ver speaking | Source: RogerVer.com

    Ver founded Memorydealers in 1999. The firm focused on reselling Cisco-related memory and networking equipment, transceivers, and accessories. In 2000, Ver decided to dive into politics. He ran as the Libertarian Party candidate for the California State Assembly but he was not successful.

    In 2005, Ver founded Agilestar.com, a supplier of fiber optic transceivers. Ver continued managing Memorydealers and Agilestar.com successfully for many years. The experience he earned founding and running these businesses would prove essential later on in his career.

    In 2011, he made it the very first company to accept Bitcoin for payments as he was already a fan of the idea of decentralized currencies as a fervent Libertarian. He stepped down as CEO of MemoryDealers in 2012, and ended his relationship with the organization in 2018. 

    At this In 2018, he was listed thirty-six (36) in Fortune’s “The Ledger 40 under 40” for transforming business at the leading edge of finance and technology. On top of his technical and political pursuits, Ver found time to practice Brazilian jiu jitsu, eventually earning his black belt in 2023. 

    In 2012, Roger Ver organized a Bitcoin meetup in Sunnyvale, California. During the event, he founded the Bitcoin Foundation alongside four other founders. The group decided that the foundation’s goal would be to equip Bitcoin with the resources it needs to rival fiat currencies.

    In 2015, Ver began his stint with Bitcoin.com. During his time with the firm, he served as its CEO, managing the day-to-day operations of the organization. However, in August 2019, he left his position as CEO to become the executive chairman. Ver would continue to hold Bitcoin meetups even after moving to Japan.

    Roger Ver’s Conviction and Indictments

    Over the years, Ver has been the subject of numerous controversies, from various criminal charges and political fights to Wikipedia battles and crypto drama.

    In 2002, Ver pleaded guilty to selling explosive items on eBay without proper certification. According to the investigation, Ver sold about 14 pounds of firecrackers, known as “Pest Control Report 2000.” Also, findings indicated that he stored them in a residential apartment building and mailed them to his clients through the U.S. Postal Service.

    He was sentenced to a reduced jail term of ten months in federal prison. The sentence was handed down by the U.S. District Court Judge Jeremy Fogel. Likewise, he was fined $2,000, including a three-year period of supervised release. Ver began serving the jail term on August 2, 2002. Years after his release, Ver spoke about his ordeal at the federal prison. In 2018, he posted a video on YouTube where he explains his side of the story.

    On February 15, 2024, Ver was indicted with three counts of mail fraud, two counts of tax fraud, and three counts of subscription to a false tax return and was arrested in Spain. According to the indictment, Ver supplied the firm tasked with filing tax returns for himself and his companies (and an appraiser) with “false or misleading information.” The DOJ claims that this cost the IRS nearly $50 million in revenue.

    At the time of writing, he is still in Spain awaiting extradition and he faces up to 109 years in prison if convicted.

    Ver has also been extremely outspoken against immigration officials in the U.S., Barbados, and Australia after renouncing his American citizenship and becoming a citizen of Saint Kitts and Nevis in 2014.

    In 2015, U.S. officials refused to grant him entry to speak at a Bitcoin conference in Miami. The rejection stated that “You have not demonstrated that you have the ties that will compel you to return to your home country after your travel to the United States.” Officials likely worried that he would remain in the U.S. illegally. Similarly, In 2019, Ver was denied a visa to travel to Australia for a Bitcoin Cash conference.

    Roger Ver’s OKEX Fintech Lawsuit Explained

    In 2016, Roger Ver filed a lawsuit against OKEX Fintech, a Hong Kong company that operates the OKEX crypto exchange (now known as OKX). The lawsuit emerged from what Ver referred to as a breach of contract.

    In 2014, OKEX signed an agreement with Ver to help manage Bitcoin.com’s website on his behalf. Ver claimed that OKEX agreed to redesign the website and help with search engine optimization and advertising plans. He said that the two parties agreed that the arrangement would run for five years. During this period, the two firms would split revenues from Bitcoin.com evenly.

    However, Ver alleged that OKEX only paid part of the revenue they owed him for four months and subsequently stopped making payments. Ver sought $570,000, which was $10,000 monthly for the remaining 57 months.

    During the legal proceedings, Ver alleged that OKEX provided a falsified document, claiming it had altered the terms of their agreement. Despite his efforts, the court refused to take the issue seriously.

    Roger Ver’s CoinFLEX Controversy

    Ironically, In June 2022, Ver was doxxed by CoinFLEX, a digital asset exchange firm, for allegedly refusing to pay back $47 million as part of a margin call. CoinFLEX was suffering from the liquidity crisis that rocked the crypto industry at that time, so it was likely particularly desperate.

    CoinFLEX froze withdrawals on its platform because of the liquidity crunch and claimed that Ver’s massive $47 million margin call was at fault. CoinFLEX’s CEO, Mark Lamb, went on to disclose that the firm contacted Ver to address the issue but failed.

    Ver denied the allegations. In a separate tweet, he argued that it was CoinFLEX that owed him money, which he was trying to retrieve from the cryptocurrency exchange. This response sparked an outraged reply from Mark Lamb, who referred to Ver’s statement as an attempt to “deflect from his liabilities and responsibilities.”

    Meanwhile, CoinFLEX is not the only crypto firm that has accused Ver of defaulting on a loan. In early 2023, Genesis Global said he owed $20.9 million after failing to settle crypto options trading. Responding to the allegation, Ver argued that he had enough money to settle the debt but refused to do so. He argued that the struggling crypto lender failed to disclose its financial position and that this was part of the payment agreement.

    Ver went on to establish that he would be happy to pay if Genesis Global had remained solvent. He also argued that Genesis Global provided him with “questionable” financial records in June 2023. Ver said that he then requested more clarification, though it went nowhere, and the crypto lender responded with a lawsuit.

    Explaining Roger Ver’s Pivot to Bitcoin Cash

    Following the launch of the Bitcoin Cash, Roger Ver shifted his focus away from Bitcoin. He said that the token is more usable than Bitcoin because it enables direct transfers without the use of a third-party payment platform and high fees. Ver has continued to engage in Bitcoin vs Bitcoin Cash debates, arguing for the latter’s dominance over the former in terms of utility.

    Ver is especially critical of Bitcoin and Ethereum’s scalability, arguing that they are both rate limited by their large userbase, making them too expensive for most people to use. Naturally, because Bitcoin Cash is drastically smaller and less popular than Bitcoin and Ethereum, transactions are much cheaper. This is true for most altcoins. However, if Bitcoin Cash gets much more popular, it would likely also suffer from high transaction costs.

    Roger Ver’s Cryptocurrency Holdings

    Roger Ver clearly believes in cryptocurrencies because he has a massive crypto portfolio, though he hasn’t revealed many details about his crypto wallets or holdings. Ver likely made much, if not most, of his net worth from Bitcoin’s growth since he was such an early investor.

    When Ver chose to renounce his U.S. citizenship, he reportedly held approximately 131,000 Bitcoin, which would be worth $11 billion today, though he may have sold some or all of it since. It’s likely that he sold at least some of his Bitcoin because he made a concerted effort to liquidate both of his companies’ BTC holdings.

    In the same vein, Ver probably grew his net worth significantly by investing in various crypto startups, including Ripple Labs, the crypto payments platform BitPay, the crypto exchange Kraken, and many more.

    Roger Ver’s Net Worth – Our Verdict

    Roger Ver was undoubtedly an important advocate for Bitcoin in its early years. Ver’s tireless evangelism of Bitcoin both in person and through digital and social media helped build the global reach of cryptocurrencies.

    Ver was an especially important driver for the growing institutional support of cryptocurrencies. He laid the groundwork for widespread institutional adoption of cryptocurrencies by making his companies the first to accept Bitcoin payments. His advocacy also helped make him tremendously rich as the value of Bitcoin soared over the years.

    While Ver undeniably contributed to Bitcoin’s early adoption, his legacy is complicated by multiple controversies, scandals, indictments, and lawsuits. Allegations of tax fraud, mail fraud, refusal to settle debts, and his frequent public disputes have likely only served to damage the reputation of the cryptocurrency world he so fiercely advocates for.

    FAQs

    Why was Roger Ver jailed for ten months?

    Roger Ver was jailed for ten months because he sold explosives as fireworks on eBay without certification. He is currently awaiting extradition in Spain on separate, tax-related charges.

    What is the estimated net worth of Roger Ver?

    Roger Ver's net worth is estimated to be about $700 million.

    Did Roger Ver found the Bitcoin Foundation?

    Yes. He is one of the five founding members of Bitcoin Foundation, established to support and nurture the development of Bitcoin.

    Why does Ver now promote Bitcoin Cash over Bitcoin?

    Ver says he prefers Bitcoin Cash because it is faster and cheaper than Bitcoin.

    Is Roger Ver a U.S. citizen?

    No. Ver renounced his U.S. citizenship in 2014 after obtaining citizenship in St. Kitts and Nevis.

    Who gave him the nickname 'Bitcoin Jesus?'

    Peter Vessenes, Chairman of the Bitcoin Foundation, gave him the nickname.