Jhon McAfee charged with cryptocurrency fraud

The founder of the McAfee antivirus company is detained in Spain awaiting the start of his extradition process to the United States

The founder of the antivirus company McAfee, Jhon McAfee was indicted by the American justice for crimes related to fraud and money laundering in cryptocurrencies.

According to the South New York Prosecutor’s Office, between 2017 and 2018 McAfee would have used the promotion of digital assets to investors to commit his crimes.

Currently, the 75-year-old businessman is detained in preventive prison in Spain, waiting for his extradition process to begin to the United States, for another case about an alleged fraud.

The case establishes that together with his executive adviser, Jimmy Gale Watson Jr, McAfee pocketed more than 13 million dollars through “fraudulent schemes.”

Specifically, McAfee and his bodyguard promoted cryptocurrencies to McAfee’s large Twitter following to inflate prices “through false and misleading statements to hide their true selfish motives.” They sold the coins, earning a lot of money, prosecutors said.

K. Tovar

Source: La Vanguardia

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