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 also be suing MicroStrategy for conspiring to assist him evade taxes.

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

Racine stated:

With this lawsuit, we’re placing residents and employers on discover that should you get pleasure from all the advantages of dwelling in our nice metropolis whereas refusing to pay your justifiable share in taxes, we’ll maintain you accountable.

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

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