Michael Saylor, the co-founder and former CEO of MicroStrategy, along with the company itself, has agreed to a $40 million settlement to resolve a tax fraud lawsuit filed by the District of Columbia. The lawsuit, initiated in August 2022, accused Saylor of evading income taxes by falsely claiming residency in Virginia or Florida while living in D.C. The settlement is noted as the largest income tax fraud recovery in the district's history. The District of Columbia's Attorney General Brian Schwalb announced the settlement, highlighting the significance of the payout. Despite the settlement, Saylor and MicroStrategy did not admit to any guilt.
Whistleblower Tax Fraud Lawsuit Against Bitcoin Billionaire Settles for $40 Million https://t.co/JH308EarZl #tax #taxfraud #fraud #whistleblowers #bitcoin @KKCWhistleblow https://t.co/6FxiSxU9rZ
High-profile tax settlement: Michael Saylor pays $40M. Investors flock to DTX presale, eyeing substantial returns. Find the details here... ↓ Sponsored https://t.co/Ry9A7Ad4Qa
Washington DC's AG says Michael Saylor and his company MicroStrategy will pay $40M to settle a tax suit, calling it "the largest income tax recovery" ever in DC (@taxgirl / Forbes) https://t.co/xrF1MYDU6e 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/xPQnIMtexc
Bitcoin Billionaire Saylor Will Settle D.C. Tax Suit For $40 Million https://t.co/KxsagRWwEg
JUST IN: Michael Saylor gives an amazing explanation on why MicroStrategy made the decision to buy #Bitcoin “It’s the biggest innovation in money or property rights in the history of the human race. It’s like fire or electricity, it’s this new monetary protocol which is going to… https://t.co/801P4l8941
ICYMI: Michael Saylor and MicroStrategy settle $40 million tax fraud case without admission of guilt Read the full article 👇 https://t.co/1W8UQCmnde https://t.co/tdWhOtLoyF
D.C. Nets Record $40 Million in Michael Saylor Tax Fraud Settlement https://t.co/yph4PFed9S
UPDATE: Michael Saylor and MicroStrategy agree to a $40M settlement with Washington D.C. over tax evasion allegations. Here are the details…↓ #Saylor (By: @ComposableD) https://t.co/FBTsfh8gle
D.C. Attorney General Brian Schwalb announced a $40 million tax fraud settlement - the biggest in D.C. history. https://t.co/6OhfzrQ6XC
The D.C. attorney general reached a $40 million settlement with Michael Saylor and the software company he founded, MicroStrategy, in what the attorney general’s office said was the largest income tax fraud recovery in Washington history. https://t.co/qIZmjt2UlG
Billionaire Bitcoin Advocate Michael Saylor Agrees to $40 Million Settlement in Tax Evasion Lawsuit #taxevasion #bitcoin https://t.co/yph4PFed9S
D.C. Attorney General Brian Schwalb makes history by securing a $40M tax fraud payout from entrepreneur Michael J. Saylor https://t.co/sNAYlEvF90 https://t.co/x5DJHk8J3p
Crypto billionaire Michael Saylor and the tech company he co-founded, MicroStrategy, will pay $40 million to settle tax fraud allegations in D.C. https://t.co/IkNwzy7l7p
$MSTR and Saylor will pay $40mn to settle a tax fraud lawsuit with the IRS
The District of Columbia's attorney general secured a record $40 million payout Monday from a billionaire and his business after officials said the entrepreneur skirted city income taxes by posing as a nonresident. https://t.co/O6jXPv163d
'The AG for the District of Columbia reached a $40 million settlement with Michael Saylor and the software company he founded, MicroStrategy, in what it said was the largest income tax fraud recovery in Washington history.' https://t.co/b1UcWcI6zk
Michael Saylor and MicroStrategy settle $40 million tax fraud case without admission of guilt https://t.co/QyDeoJLKy0
Billionaire entrepreneur makes history with $40M tax fraud payout in D.C. https://t.co/BphEUrPbD4
MicroStrategy and Michael Saylor Settle Tax Case for $40 Million @MicroStrategy and its founder Michael Saylor (@saylor) have reached a $40 million settlement with the District of Columbia (USA) Attorney General's Office in a tax evasion case. Local authorities filed a lawsuit… https://t.co/kl4UX5Ed7h
MicroStrategy and its co-founder and Chairman Michael Saylor will pay $40 million to resolve a tax fraud lawsuit. https://t.co/FgNtnO1YsW
Billionaire bitcoin investor Michael Saylor and the software company he founded have agreed to pay $40 million to settle a lawsuit alleging he defrauded the city of millions in taxes by falsely claiming he lived in Virginia or Florida, D.C. officials said. https://t.co/Y8Ik28tZTC
MicroStrategy and chairman Michael Saylor will pay $40M to settle tax evasion charges in D.C. The attorney general said in 2022 that Saylor engaged in a "fraudulent scheme" to avoid paying taxes on "hundreds of millions of dollars in income." Read more: https://t.co/DsoyiBfBT1
Crypto billionaire Michael Saylor pays $40M to settle DC tax fraud case https://t.co/P12R5nU3qE https://t.co/mDzsFDs5SP
Michael Saylor and MicroStrategy agreed to pay $40M to DC AG in an income tax fraud case https://t.co/rGaVaTXdX5
MicroStrategy and Its Founder to Pay $40 Million in Tax Fraud Lawsuit https://t.co/JKsHjtdvfP
Microstrategy and Michael Saylor Reach $40 Million Settlement in DC Tax Lawsuit ► https://t.co/TONufXvlTd https://t.co/TONufXvlTd
MicroStrategy's Michael Saylor settles record $40 million DC income tax case https://t.co/jDbLAIvoSs
MicroStrategy Founder Michael Saylor Agrees to $40M Settlement in D.C. Income Tax Case - CoinDesk
MicroStrategy CEO and Bitcoin supporter Michael Saylor has agreed to the largest income tax settlement deal in Washington D.C.'s history https://t.co/h6BSnDgywf
MICHAEL SAYLOR SETTLES TAX EVASION CASE WITH $40M SETTLEMENT - Back in August 2022, #Bitcoin legend Michael @Saylor was sued by the District of Columbia (DoC) which claimed the founder had paid no income tax while living there across a period of at least 10 years. - The claims… https://t.co/0hYchbNGru https://t.co/Oje5xNQ4KV
MicroStrategy and its co-founder and former CEO Michael Saylor will pay $40 million to resolve a tax fraud lawsuit filed by Washington, DC https://t.co/JYRRam9sIW
🚨JUST IN: @MICROSTRATEGY FOUNDER MICHAEL @SAYLOR AGREES $40M SETTLEMENT IN TAX EVASION CASE
🚨 JUST IN: #MicroStrategy's Michael Saylor has agreed to a $40M settlement with D.C. in the largest income tax fraud recovery in the district's history.
MicroStrategy $MSTR, Saylor reportedly reach $40mn settlement in tax fraud case; stock up https://t.co/Gp1eYolqqu https://t.co/0nm0kdCMD3
$MSTR Executive Chairman @saylor reached a $40M deal to settle income tax charges with the District of Columbia. @sheldonreback reports. https://t.co/Y4BguxBTH7
Bitcoin billionaire Michael Saylor settles DC tax fraud case for $40 million https://t.co/J7A8SDNOnI
🚨 MicroStrategy and Its Founder to Pay $40 Million in Tax Fraud Lawsuit https://t.co/Vc9RIQecno
[THE NEW YORK TIMES] The technology company #MicroStrategy and its founder, Michael Saylor, agreed to a $40 million deal to end a lawsuit accusing him of evading income tax $MSTR