Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Ferki on March 06, 2021, 11:37:10 AM
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John McAfee, creator of the anti-virus software of the same name, has been charged with fraud and money laundering in federal court in Manhattan. The indictment relates to two schemes related to the fraudulent promotion of cryptocurrencies against investors.
McAfee and a colleague have "allegedly made more than $ 13 million from investors," said Manhattan US Attorney Audrey Strauss. A so-called “pump and dump” scheme, according to the indictment, and undisclosed agreements to promote certain currencies in exchange for compensation. Strauss said:
"The defendants allegedly used McAfee's Twitter account to post messages to hundreds of thousands of his Twitter followers promoting various cryptocurrencies through false and misleading statements in order to hide their true selfish motives."
I wonder if something like that can happen to Elon as well?
Does the McAfee deserve it?
One more thing, this is not the same lawsuit as he was charged with tax evasion in Spain and SEC charges for allegedly fraudulently promoting ICOs.
That’s fresh from yesterday.
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John McAfee has always been a comic book character, is nothing new, he seems like a clown who makes many laugh but not in the way he wants every time he speaks. I would not be surprised if he is guilty of the accusations that fall on him, he is not a child, he should have been more careful, but we already know the kind of life he has been leading for a long time. I hope Elon has more neurons than McAfee.
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It looks like John McAfee has a lot of charges and lawsuits ahead this time around. He hid from the police on several occasions, but it must end one day. Everyone knew that he was earning multimillion-dollar fortunes with his alleged support for individual cryptocurrencies. And he himself, in my opinion, did not hide it very much. Well, let's see how it ends.
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John McAfee has advertised openly fraudulent projects and the accusations against him are correct. Although I personally did not suffer, I think many people lost money on these pumps and dumps.
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@Senin I think McAfee has never hidden from anything precisely because he believes that he is on another level, or that the laws have nothing to do with him because of his status. His arrogance has been evident, even when he was arrested in my country.
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Elon Musk may escape this. He can defend himself by saying Doge and bitcoin are legit cryptocurrencies unlike the projects that McAfee was promoting then. But then this is SEC...
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Well, what did he think, he constantly advertised scam projects and made millions of money on this, now he will get what he deserved, so I don't think that John McAfee will get off with just fines, maybe everything will go to jail, so there will always come a time when every scammer will pay for their actions.
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Elon Musk may escape this. He can defend himself by saying Doge and bitcoin are legit cryptocurrencies unlike the projects that McAfee was promoting then. But then this is SEC...
You probably didn't get it right, he pumped and dumped legit cryptocurrencies, that's kind of like spreading insider knowledge about stocks.
When Elon advertises on Twitter about his purchased Dodge tokens, it's almost the same.
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John McAfee has always been a comic book character, is nothing new, he seems like a clown who makes many laugh but not in the way he wants every time he speaks. I would not be surprised if he is guilty of the accusations that fall on him, he is not a child, he should have been more careful, but we already know the kind of life he has been leading for a long time. I hope Elon has more neurons than McAfee.
+1 I like your comment on the number of neurons ^^
For me McAfee is a scam and is good at abusing his popularity in the crypto space. He is considered to be one of the first major advisors in the field to support a series of ICO projects, unfortunately most of them have a bad fate. McAfee's statements are not simply an expression of support for crypto, it is designed to direct investors into crypto projects he supports or may have bought in bulk. I hope this lawsuit will help make the crypto market cleaner, at least advisors working for people instead of great remuneration.
For me, ElonMusk is less dangerous, and more intelligent, he uses DOGE, a coin loved by the crypto community, to promote this market. But the recent tweets have been somewhat overly aggressive and brutally interfered with the DOGE market, many have lost money investing in DOGE at ATH, and many people dislike the way he wants to control whales.
I hope ElonMusk won't face a lawsuit, we still need his reputation.
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Why am I not surprise! It is John after all the joker of the century, always trying to display play Mr Know-it-all while in the real sense of things he is not, the guy wanted to show himself off like the crypto lord but he was caught on his act and got exposed, he knows nothing about crypto, lol, McAfee has many faces so I won't take anything away from him.
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lol @MrSpasybo thanks!
I have never understood, nor will I understand, how people can get carried away by someone like they did with John McAfee. Are there really people willing to follow what a guy who has said publicly that he abused drugs and alcohol says?. A guy we've seen on numerous occasions wipe his nose for consuming some substance?. Personally, I would never listen to or do what such a person said. McAfee cares about him, money and his lifestyle, nothing more.
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John McAfee will always be John, the leopard never changes it's spot indeed, this guy is a very reckless fella who don't give a s**t about the authority, he seems always high or drunk all the time, I remember back in the days when most people will always look up to him for advice on what coin to buy or invest in, some of the projects he suggested end up as scam since then many people lose confidence in him, even his Ghost project was another well stage scam, lol,
I was not at all surprised to see him charged with those charges, he is always involve in some shit.
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John Mcafee has always been in the news especially in recent times and it's mostly due to one or the other issue with the government and legal bodies. Does that mean that this guy has eventually turn out to be a fraud? I remember in 2018 when he was a major supporter of NOBS, a shitcoin that is has gone completely under the water.
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Elon Musk may escape this. He can defend himself by saying Doge and bitcoin are legit cryptocurrencies unlike the projects that McAfee was promoting then. But then this is SEC...
Elon musk also investigated by securities exchange & Commission (SEC ) with low price Coin dogecoin pumped phenomena. I think John McAfee sometimes advertising fake and valueless projects .
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Again, McAfee did something controversial and attract people's attention. But why he always did bad things for this. I hope this case won't make him go to jail. I just know about this case, after he boasted about the possibility of Bitcoin price at the end of last year, I never know the news related to him anymore.
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Personally, I don't like him because of what he always says and also posts about himself and his thought about Bitcoin and other cryptocurrencies. And what he is doing now is if he did it and also there are proves, so, he deserves it. Just let the law rules it and makes the right decision.
About Elon Musk, I never heard that SEC is now focusing also on him. I don't know the exact case, but, it may relate to how he made the short pump about certain coins.
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Too bad, John McAfee is in a trouble again. I think he will always do something to attract people. Yeah, I don't know what's wrong with this man, he may still dream to be Satoshi or another one that becomes the person more popular than his popularity nowadays.
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Well, am sure that John McAfee has known all along that something like this can be coming his way. I am sure that he was aware of the projects he was then promoting, he is not that naive in this industry, and he allowed his name to be used and abused by unscrupulous people whose main intent is to get as much money as possible and then run. He deserves this charge though I am still wishing that he can get through to this.
With Elon Musk, the big difference is that DogeCoin and Bitcoin are not considered to be fraudulent platforms and the man did not receive anything in return for saying something about them. Of course, the question here can be manipulation as the prices of those coins made it to the top with his subtle endorsements.
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Latest John McAfee news claims he could face 20 years in jail for alleged cryptocurrency fraud... I hope this "genius" doesn't think about doing an ICO to raise funds and pay his lawyers when he runs out of money. Here is the link to the news in case you are interested: https://www.theverge.com/2021/3/5/22315494/john-mcafee-fraud-securities-scheme-charges-cryptocurrency