On June 3, Lauren Hirsch of DealBook disclosed that the Attorney General of the District of Columbia has reached a $40 million settlement agreement with billionaire Bitcoin investor Michael Saylor and the software company MicroStrategy he founded for tax fraud. It is reported that the agreement is the largest income tax fraud recovery case in the history of the district. This is also the first lawsuit under the district's revised False Claims Act, which encourages whistleblowers to file tax evasion charges against residents who allegedly conceal their actual place of residence.