Washington DC Attorney General Karl Racine has revealed that the state is suing Michael Saylor and his firm MicroStrategy for tax fraud.

According to Racine’s announcement, Saylor has lived in the District for over a decade however by no means paid any revenue tax. He continued that the state can be suing MicroStrategy for conspiring to assist him evade taxes.

The lawsuit would be the first below the newly amended False Claim Acts.

Racine mentioned:

With this lawsuit, we’re placing residents and employers on discover that when you take pleasure in all the advantages of dwelling in our nice metropolis whereas refusing to pay your fair proportion in taxes, we are going to maintain you accountable.

MicroStrategy holds the most important variety of Bitcoin (BTC) amongst public corporations. Saylor can be a identified vocal supporter of the trade.

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