💥Michael Saylor: Ongoing Class Action.

The guru of #bitcoin , Michael Saylor, and his firm Strategy Global, are facing a class action lawsuit accusing them of deceptive practices. Investors allege they were misled about Bitcoin returns and the true extent of its volatility. The lawsuit points out supposed hidden conflicts of interest and exaggerated advertising about the potential of $BTC as a substitute for the dollar. This litigation could mark a turning point in financial disclosure regulations for the cryptocurrency sector, establishing new transparency standards for companies operating with digital assets.