Anti-virus mogul John McAfee charged with fraud over crypto promotion

McAfee indicted in Manhattan federal court over schemes that promoted cryptocurrency offerings on social media

John McAfee, creator of the eponymous anti-virus software, has been indicted in Manhattan federal court on fraud and money laundering conspiracy crimes, stemming from two schemes concerning the fraudulent promotion to investors of cryptocurrencies.

McAfee and his bodyguard Jimmy Gale Watson Jr were charged for a scheme to exploit McAfee’s large Twitter following by publicly touting cryptocurrency offerings and digital tokens that they later sold once prices rose on the promotions, according to the US Department of Justice and the US Commodity Futures Trading Commission.

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McAfee indicted in Manhattan federal court over schemes that promoted cryptocurrency offerings on social media

John McAfee, creator of the eponymous anti-virus software, has been indicted in Manhattan federal court on fraud and money laundering conspiracy crimes, stemming from two schemes concerning the fraudulent promotion to investors of cryptocurrencies.

McAfee and his bodyguard Jimmy Gale Watson Jr were charged for a scheme to exploit McAfee’s large Twitter following by publicly touting cryptocurrency offerings and digital tokens that they later sold once prices rose on the promotions, according to the US Department of Justice and the US Commodity Futures Trading Commission.

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