• About Us
  • Contact Us
  • Cookie policy (EU)
  • Home
  • Privacy Policy
  • Video
  • Write for us
Today Headline
  • HOME
  • NEWS
    • POLITICS
    • News for today
    • Borisov news
  • FINANCE
    • Business
    • Insurance
  • Video
  • TECHNOLOGY
  • ENTERPRISE
  • LIFESTYLE
    • TRAVEL
    • HEALTH
    • ENTERTAINMENT
  • AUTOMOTIVE
  • SPORTS
  • Travel and Tourism
  • HOME
  • NEWS
    • POLITICS
    • News for today
    • Borisov news
  • FINANCE
    • Business
    • Insurance
  • Video
  • TECHNOLOGY
  • ENTERPRISE
  • LIFESTYLE
    • TRAVEL
    • HEALTH
    • ENTERTAINMENT
  • AUTOMOTIVE
  • SPORTS
  • Travel and Tourism
No Result
View All Result
TodayHeadline
No Result
View All Result

Antivirus pioneer John McAfee charge with $13M cryptocurrency fraud

March 6, 2021
in Politics
0
Antivirus pioneer John McAfee charge with $13M cryptocurrency fraud
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter


Antivirus software pioneer John McAfee and an associate have been charged in federal court with using his large social media following to illegally pump and dump cryptocurrencies, and secretly being paid to promote initial coin offerings (ICOs) he touted to his fans.

Mr McAfee, no longer associated with his namesake software company, and Jimmy Gale Watson, Jr., his bodyguard, allegedly used Mr McAfee’s high-profile following as a crypto expert to rake in $13 million, a windfall the rogue businessmen then allegedly sought to launder and conceal from authorities.

“McAfee and Watson exploited a widely used social media platform and enthusiasm among investors in the emerging cryptocurrency market to make millions through lies and deception,” Manhattan US Attorney Audrey Strauss said in a statement. “The defendants allegedly used McAfee’s Twitter account to publish messages to hundreds of thousands of his Twitter followers touting various cryptocurrencies through false and misleading statements to conceal their true, self-interested motives.”

Authorities accuse Mr McAfee, between 2017 and 2018, of hyping up cryptocurrencies likeVerge, Reddcoin, Dogecoin in which he held a stake, then selling them for a profit when their price spiked following his endorsement. They also alleged he secretly took a cut of ICOs he promoted to followers. The Commodity Futures Trading Commission filed related civil charges.

A lawyer for Mr McAfee could not be identified, and Mr McAfee and his wife did not respond to direct messages on social media from The Independent. Mr McAfee is currently being detained in Spain on tax evasion charges.

Read more

“Jimmy Watson is a decorated veteran and former Navy Seal. He fought for other people’s rights and liberties, and he is entitled to and looks forward to his day in court to exercise some of those very rights,” a lawyer for Mr Watson, who was arrested on Thursday in Texas, told Reuters.

In 2016, Mr McAfee ran for US president as the Libertarian candidate. He hasn’t been associated with his antivirus software company since the 1990s.

Mr McAfee fled the US in January 2019 with his wife and bodyguards, after prosecutors accused him of hiding property, a yacht and other assets from the IRS.

Tags: 13mantiviruschargeCryptocurrencyfraudJohnMcAfeePioneer
Previous Post

Which non-dairy milk is the healthiest, according to a dietitian

Next Post

Spoon In sex position offers intense orgasms and G-spot stimulation with minimal effort

Related Posts

Tory leadership – latest: Liz Truss under fire for ‘no handouts’ remark amid cost of living crisis
Politics

Tory leadership – latest: Liz Truss under fire for ‘no handouts’ remark amid cost of living crisis

Truss claims recession 'not inevitable'...

Read more
Senate Democrats are confident as GOP tries to kill climate and inflation deal
Politics

Senate Democrats are confident as GOP tries to kill climate and inflation deal

Democrats in the US Senate...

Read more
Democrats’ health, tax and climate bill clears first vote
Politics

Democrats’ health, tax and climate bill clears first vote

WASHINGTON — Senate Democrats on Saturday...

Read more
Ministers pass permanent emergency powers to handle Brexit lorry queues
Politics

‘Simply stupid’ to describe HGV plan as ‘Brexit bonus’

Plans to allow motorists to...

Read more
Lavrov says Russia is ready to discuss prisoner swap with US after Brittney Griner conviction
Politics

Lavrov says Russia is ready to discuss prisoner swap with US after Brittney Griner conviction

The US and Russia have...

Read more
Load More
Next Post
Spoon In sex position offers intense orgasms and G-spot stimulation with minimal effort

Spoon In sex position offers intense orgasms and G-spot stimulation with minimal effort

  • Trending
  • Comments
  • Latest
Epic Systems campus, a fantasyland of gardens and architecture, Part 1

Epic Systems campus, a fantasyland of gardens and architecture, Part 1

Redfall is making a 30 minute-long appearance at QuakeCon

Redfall is making a 30 minute-long appearance at QuakeCon

Six times actors really romped in sex scenes that make 365 DNI look tame

Six times actors really romped in sex scenes that make 365 DNI look tame

Do Sex Dolls Feel Real? – Answering Important Questions 

Fall Guys’ Sonic the Hedgehog event starts this week according to latest leak

Fall Guys’ Sonic the Hedgehog event starts this week according to latest leak

Field of Dreams uniforms: MLB reveals throwback jerseys for Cubs-Reds game

Field of Dreams uniforms: MLB reveals throwback jerseys for Cubs-Reds game

Ashton Kutcher ‘lucky to be alive’ after rare autoimmune disorder left him unable to see, hear, walk

Ashton Kutcher ‘lucky to be alive’ after rare autoimmune disorder left him unable to see, hear, walk

Opendoor Is In $62M Worth Of Legal Trouble: The Real Word

Opendoor Is In $62M Worth Of Legal Trouble: The Real Word

About Us

Todayheadline the independent news and topics discovery
A home-grown and independent news and topic aggregation . displays breaking news linking to news websites all around the world.

Follow Us

Latest News

Fall Guys’ Sonic the Hedgehog event starts this week according to latest leak

Fall Guys’ Sonic the Hedgehog event starts this week according to latest leak

Field of Dreams uniforms: MLB reveals throwback jerseys for Cubs-Reds game

Field of Dreams uniforms: MLB reveals throwback jerseys for Cubs-Reds game

Fall Guys’ Sonic the Hedgehog event starts this week according to latest leak

Fall Guys’ Sonic the Hedgehog event starts this week according to latest leak

Field of Dreams uniforms: MLB reveals throwback jerseys for Cubs-Reds game

Field of Dreams uniforms: MLB reveals throwback jerseys for Cubs-Reds game

Ashton Kutcher ‘lucky to be alive’ after rare autoimmune disorder left him unable to see, hear, walk

Ashton Kutcher ‘lucky to be alive’ after rare autoimmune disorder left him unable to see, hear, walk

  • Real Estate
  • Education
  • Parenting
  • Cooking
  • NFL Games On TV Today
  • Travel and Tourism
  • Home & Garden
  • Pets
  • Privacy & Policy
  • Contact
  • About

© 2021 All rights are reserved Todayheadline

No Result
View All Result
  • Real Estate
  • Education
  • Parenting
  • Cooking
  • NFL Games On TV Today
  • Travel and Tourism
  • Home & Garden
  • Pets
  • Privacy & Policy
  • Contact
  • About

© 2021 All rights are reserved Todayheadline

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist