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BREAKING: Bitcoin Evangelist Michael Saylor Sued for Tax Fraud by D.C. Attorney General

31 Aug, 20221 min readBitcoin
BREAKING: Bitcoin Evangelist Michael Saylor Sued for Tax Fraud by D.C. Attorney General

Karl Racine, the attorney general of Washington D.C., has announced that he is suing former MicroStrategy CEO Michael Saylor for not paying taxes.

Racine says that the Bitcoin evangelist has never paid any D.C. income taxes, accusing the latter of committing fraud.

As reported by U.Today, Saylor stepped down as CEO of MicroStrategy earlier this month.

In late 2000, Saylor and other MicroStrategy executives agreed to pay $11 million to settle with the U.S. Securities and Exchange Commission. The accused fraudster didn't admit or deny the SEC's charges.

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