on yesterday's show i asked what you would do, if coinbase gave you $10.5 million by accident? ali
said - i would return it back to them. ah, what a good noodle! mr myself said - with $10 million
i would go fully bullish on crypto espresso since it's very underrated. in one year i would overtake
elon's net worth. mr myself that's not being honest but you're being a friend of the show, so
you're still a good noodle, to me anyway. but who is me why i'm your host andrew and this is crypto
espresso your teeny tiny daily shot of caffeinated crypto headlines and here's the news. first up,
michael saylor is being sued for tax fraud in washington d.c amid allegations that he's lived
there for a decade but has never paid income tax. the attorney general claims the entrepreneur is
a billionaire and illegally avoided more than $25 million in owed payments by pretending he lived in
florida. sailor could face substantial penalties if he loses the lawsuit as courts have the ability
to impose treble damages. that works out to three times the amount of the taxes evaded. it's
alleged that microstrategy's executive chairman didn't file a single income tax return between
2005 and 2021 and even bragged to his friends about what he was doing. officials claim that
they could end up recovering more than a hundred million dollars if their case is successful.
let this be a lesson to assault. don't tell your friends when you're breaking the law or better yet
don't have friends, they're a liability. for tax purposes a resident of dc is defined as someone
who's based there for at least 183 days a year. calculations suggest that sailor was physically
present in washington for 251 days in 2019 and he spent just 28 days in florida there seems
to be plenty of evidence to link him to dc too as he's often tagged his location on social media and
through lavish parties in the city's top hotels. sailor's preference for flying in a private jet
rather than commercial also means official flight records show exactly when he left the district
and when he returned. it's claimed he found dc irresistible because of its proximity to power
affluence and women. let this be another lesson - don't tweet when you're breaking the law or
better yet don't use social media at all - it's a liability. kyle roche has withdrawn from a number
of class action lawsuits against major crypto companies days after secretly recorded videos of
him were published. the lawyer who's a founding partner at roche friedman was caught on camera
describing juries as ten idiots and boasting that he sues half the companies in the industry.
crypto leaks alleged his law firm has formed an extraordinary secret pact with ava labs to
attack rivals and harm the crypto industry. roche has withdrawn from cases that have been brought
against tether bitfenix and the tron foundation as well as the company that runs bitmex. court
filings say that the lawyer is no longer involved in roche friedman's class action practice. and
finally, open sea has announced that it's throwing its support behind the merge and will only support
nfts based on ethereum's new proof-of-stake blockchain. it comes as a small number of
miners threaten to fork the network and create an alternative form of eth based on a proof-of-work
blockchain. in a statement the world's biggest nft marketplace says forked non-fungible tokens
won't be supported or reflected. and acknowledging the merge is a significant upgrade that could
cause disruption open sea says - it has been preparing for a smooth transition
adding - while we don't anticipate major issues we also acknowledge that this is a first,
so we're committed to monitoring managing and communicating throughout. and you know what
i'm monitoring? engagement for this video. so don't let me down by liking this video,
subscribing to our youtube channel and clicking on that little bell icon to get boozed whenever a
new kryptonite espresso video goes live. and what illegal activities have you been up to these days,
let me know in those comments below. that was a test don't post youtube comments about how
you've broken the law better yet just stay off the internet entirely - it's a liability. and
while alex isn't my lawyer they do know a thing or two about crypto. you could ask
alex yourself in the description below for more info on today's headlines or crypto in general.
alex is also a great resource of info on web3 and the metaverse. and that about does
it. again i've been your host andrew, don't break any laws and we'll see you tomorrow.