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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 U.S. Justice Department said on Friday. Authorities accused McAfee and his bodyguard, Jimmy Gale Watson Jr., of exploiting McAfee s large Twitter following to artificially inflate prices of altcoins through a so-called pump-and-dump scheme, and concealing payments McAfee received from startup businesses to promote initial coin offerings. The Justice Department said McAfee and his accomplices reaped more than US$13 million from the schemes. The charges were brought in Manhattan federal court. The Commodity Futures Trading Commission filed related civil charges concerning the alleged pump-and-dump scheme.

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