MicroStrategy, Michael Saylor Sued for Tax Fraud by DC Attorney General

Washington, DC, Attorney General Karl Racine today announced that he is filing civil charges against cloud computing software company MicroStrategy and its founder 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.

This story is developing and will be updated.