In the USA, Washington DC Attorney General Karl Racine is suing Michael Saylor, one of the most famous names in the bitcoin world, for not paying taxes.
Speaking on behalf of the Washington DC attorney general, Racine said Michael Saylor, former CEO of MicroStrategy, has lived in Washington DC for over a decade, but “Tax fraud by not paying any income tax” he said it worked.
Washington DC’s attorney general’s office, in addition to Michael Saylor, helping with tax evasion for He’s also suing MicroStrategy. Racine made the following statement on social media:
“With this lawsuit, we are warning all citizens and employees residing here: If you do not take advantage of the opportunities of this wonderful city and pay your share of taxes, we will hold you accountable.”
MicroStrategy has a total balance sheet as of the end of June. 129,699 bitcoins was holding. For the second quarter of this year, the company 1 billion dollars declared damage.
Michael Saylor stepped down from his role as CEO of MicroStrategy earlier this month.