MicroStrategy and its founder Michael Saylor have reached a $40 million settlement agreement
On June 3rd, according to Lauren Hirsch of DealBook, the Attorney General of the District of Columbia in the United States has reached a $40 million settlement agreement with billionaire and Bitcoin investor Michael Saylor and his software company MicroStrategy over tax fraud. It is reported that this agreement is the largest income tax fraud recovery case in the history of this region. This is also the first lawsuit under the revised "False Claims Act" in this area, which encourages whistleblowers to accuse residents who allegedly conceal their actual residence of tax evasion.
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