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TechShout Image credit: PayPal Prominent tech figure John McAfee, who founded the leading antivirus software provider McAfee, has been charged with securities fraud in the US over a cryptocurrency scheme that he ran on Twitter. According to federal prosecutors, McAfee and his executive advisor-cum-bodyguard Jimmy Gale Watson Jr, earned nearly $2 million by requesting Twitter followers to invest in cryptocurrencies like Reddcoin and Dogecoin. They later sold off their own holdings as the price of these cryptocurrencies went up, reports The Verge. “McAfee and Watson exploited a widely used so...
Software guru John McAfee charged in crypto scam Sat, Mar 06 2021 10:52:10 AM San Francisco, Mar 6 (IANS): Prominent tech figure John McAfee, who founded the leading antivirus software provider McAfee, has been charged with securities fraud in the US over a cryptocurrency scheme that he ran on Twitter. According to federal prosecutors, McAfee and his executive advisor-cum-bodyguard Jimmy Gale Watson Jr, earned nearly $2 million by requesting Twitter followers to invest in cryptocurrencies like Reddcoin and Dogecoin. They later sold off their own holdings as the price of these cryptocurren...