John McAfee indicted in connection with crytpo pump-and-dump scheme

In the cryptocurrency cases, authorities said McAfee touted assets including Verge, Reddcoin and Dogecoin as part of a “Coin of the Day” or “Coin of the Week” tweet from around December 2017 through February 2018.

Authorities said McAfee held himself up as an expert on cybersecurity and cryptocurrency through his tweets, speeches and his role as a CEO of a publicly traded cryptocurrency company.

They also accused him of telling followers he had no stake in the coins, even as he touted how they “will change the world”.
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He's not the only guy doing that...anyone with a Twitter account who bought a crypto signed up for a full-time job promoting it. And they have to promote it as no one uses it as a currency.
 
He was a wanted man from the start. He held a bunch of seminars on how to launder money using Monero and other privacy tokens. This has nothing to do with any "Ponzi Scheme", this is all about him avoiding taxes and educating people how to keep their money private. The guy was asking to be imprisoned. He had a good run for a while.
 
Trader Curt said:
He was a wanted man from the start. He held a bunch of seminars on how to launder money using Monero and other privacy tokens. This has nothing to do with any "Ponzi Scheme", this is all about him avoiding taxes and educating people how to keep their money private. The guy was asking to be imprisoned. He had a good run for a while.
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the IRS troubles are different than his SEC troubles
 
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