Friday, 24 March, 2023

John McAfee charged with cryptocurrency fraud

<p>John McAfee, the antivirus software pioneer, has been charged for fraud and money-laundering from two cryptocurrency schemes. McAfee and his bodyguard have been accused of artificially inflating the process of &ldquo;altcoins&rdquo; via a pump-and-dump scheme using his large Twitter following along with concealing payments received from startup businesses to promote initial coin offerings. The US Justice Department said they both have gained over $13 mn from the schemes.&nbsp;</p> <p>&nbsp;</p>