Post
Topic
Board Bitcoin Discussion
Re: John McAfee charged with fraud over cryptocurrency
by
avikz
on 07/03/2021, 14:53:14 UTC
Businessman John McAfee, creator of the McAfee anti-virus software, has been charged in the US with conspiracy to commit fraud and money laundering. Mr McAfee and his bodyguard Jimmy Gale Watson Jr are accused of promoting cryptocurrencies to Mr McAfee's large Twitter following to inflate prices. The currencies were then allegedly sold, making the pair $2m (£1.45m), prosecutors said. The

http://lifestyle24.site/john-mcafee-charged-with-fraud-over-cryptocurrency/


He is generally a strong supporter of cryptocurrencies but indeed he had promoted some shitcoins when the ICO market was booming and made a good amount of money through his shady activities. Those were way too evident when his name was one of the main promotional point for the ICOs. Now later when most ICO tokens became a disaster, investors lost millions of dollars to these scammers.

I wouldn't say Mcafee was directly involved in such scams but he definitely supported such initiatives. Hopefully he gets a light punishment because the mains scammers are mostly roaming free till date!