Blockchain

McAfee to be charged for Cryptocurrency fraud by US Justice Department.

The antivirus software pioneer John McAfee and his bodyguard, charged for fraud and money-laundering conspiracy from two cryptocurrency schemes.

The US Justice Department reaped more than $ 13 million, by exploiting a social media platform and various enthusiast investors in the market by lies and deception.

It is confirmed that both will also face civil charges for concealing more than $23.1 million he made from deceiving seven cryptocurrency offerings on Twitter before US Securities and Exchange Commission.

Source: Reuters

Link: https://www.reuters.com/article/us-usa-crime-mcafee/antivirus-software-pioneer-mcafee-charged-by-u-s-with-cryptocurrency-fraud-idUSKBN2AX200

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