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Feds indict John McAfee for cryptocurrency pump-and-dump fraud – Ars Technica

“I am not pumping for my gain,” McAfee wrote. Prosecutors say that wasn’t true.

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Enlarge/ John McAfee on his yacht off the coast of Cuba in 2019.
36 with 30 posters participating
Federal prosecutors have indicted noted cybersecurity eccentric John McAfee for securities and wire fraud for misleading investors at the peak of the last cryptocurrency boom. In late 2017 and early 2018, McAfee urged his hundreds of thousands of Twitter followers to invest in a number of obscure cryptocurrencies. Prosecutors say he failed to disclose his own financial stake in those tokensand in some…

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