Friday, March 5, 2021
John McAfee
The curious John McAfee, a one-time Libertarian presidential candidate, has been indicted on charges related to securities fraud, cryptocurrency manipulation and money laundering, according to the Justice Department.
McAfee and his adviser Jimmy Watson have been accused by federal prosecutors of using McAfee s Twitter account to promote cryptocurrencies to his 1 million+ followers in order to artificially inflate their market price.
During the period from in or about December 2017 through in or about October 2018, JOHN DAVID MCAFEE and JIMMY GALE WATSON JR., and other members of the McAfee Team, perpetrated two fraudulent schemes relating to the promotion to investors of cryptocurrencies qualifying under federal law as commodities or securities.
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Crypto Advocate John McAfee Indicted for Fraud and Money Laundering. McAfee Allegedly Engaged in Crypto Pump and Dump Scams
March 5, 2021 @ 12:44 pm By JD Alois
John David McAfee, a well-known crypto proponent and founder of the McAfee antivirus firm, has been indicted in Federal court for fraud and money laundering.
According to the United States Attorney’s Office for the Southern District of New York, McAfee and
Jimmy Gale Watson, Jr, an advisor to McAfee, have been charged with conspiracy to commit commodities and securities fraud, conspiracy to commit securities and touting fraud, wire fraud conspiracy and substantive wire fraud, and money laundering conspiracy offenses stemming from two schemes relating to the fraudulent promotion to investors of cryptocurrencies qualifying under federal law as commodities or securities.