John McAfee has been indicted on fraud and money-laundering conspiracy charges stemming from two cryptocurrency schemes, the US Justice Department said on Friday.
NEW YORK, March 6 ― John McAfee, the antivirus software pioneer whose former company still bears his name, has been indicted on fraud and money-laundering conspiracy charges stemming from two cryptocurrency schemes, the US Justice Department said yesterday. Authorities accused McAfee and his.
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John McAfee charged with cryptocurrency fraud
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Infamous computer programmer John McAfee – currently incarcerated in a Spanish jail – has been officially charged with cryptocurrency fraud by US authorities.
The 75-year-old, who spent years on the run around the globe for tax avoidance, now faces possible extradition to the US where he is accused of conspiracy to commit fraud and money laundering.
Together with personal bodyguard Jimmy Watson Junior, he faces accusations of promoting various cryptocurrencies through social media in order to inflate prices before selling them off for £1.45m ($2m).
Gloucestershire-born Mr McAfee is yet to respond to the charges which were presented in the early hours of this morning. Mr Watson is understood to have been arrested on Thursday.