[7][8] Throughout his career, Ver has consistently promoted cryptocurrency as a tool for economic liberty and reduced government intervention.
He attended Valley Christian High School and then De Anza College for one year, before dropping out to pursue his business interests.
Ver and his high school friend Jesse Powell attempted to re-establish the Mt Gox exchange during the June 2011 Bitcoin price crash.
[20] As of June 2022, he was a shareholder in CoinFLEX, a centralized yield crypto exchange and he is rumoured to be in a large amount of debt, which caused problems for the site.
[21][22] On 23 June 2022, CoinFlex paused withdrawals after a counterparty, which it later named as Ver, experienced liquidity issues and failed to repay a $47 million stablecoin margin call.
[26][25][27] Later in the same year his visa was approved by the U.S. Embassy in Tokyo, and he visited the United States in 2017 to speak at a conference in Aspen, Colorado.
[32] In 2002, Ver pleaded guilty to selling fireworks ("explosive materials") without a license, as well as illegally storing and mailing them.
Ver sold at least 14 pounds of a brand called "Pest Control Report 2000" fireworks as large firecrackers on eBay.
[15][26][33][34] The manufacturer was later forced to stop making and selling the product, which contained powder exceeding the legal limit for consumer firecrackers.
[40] Elon Musk has reportedly also taken up the cause of seeking a full pardon for Ver and has commented on his X platform "... whether this is possible [for the president to grant].