Career
He leveraged his gains and invested over a million dollars into new bitcoin related startups including Blockchain, Ripple, and BitPay. In 2002 Ver pled guilty after selling large firecrackers on eBay, which the United States. Department of Justice described as "dealing in explosives without a license", and he was sentenced to 10 months in federal prison. He renounced his United States citizenship in 2014.
In 2015 he was denied a visa to reenter the United States by the United States Embassy in Barbados which claimed that he had not sufficiently proven ties outside of the United States of America that would motivate him to leave at the end of his visit, causing fears he might become an illegal immigrant.
Later his visa was approved by the United States Embassy in Tokyo.