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DC Attorney General Is Suing MicroStrategy CEO Michael Saylor for Tax Fraud

31 Aug, 20221 min readBitcoin
DC Attorney General Is Suing MicroStrategy CEO Michael Saylor for Tax Fraud

Washington, DC, Attorney General Karl Racine today announced that he is filing civil charges against cloud computing software company MicroStrategy and its CEO Michael Saylor over alleged tax fraud.

MicroStrategy, which holds the largest Bitcoin treasury among public companies, has helped Saylor "evade taxes he legally owes on hundreds of millions of dollars he’s earned while living in DC," Racine tweeted today.

NEW: Today, we’re suing Michael Saylor - a billionaire tech executive who has lived in the District for more than a decade but has never paid any DC income taxes - for tax fraud.— AG Karl A. Racine (@AGKarlRacine) August 31, 2022

This story is developing and will be updated.

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