John McAfee: How the eccentric entrepreneur was involved in cryptocurrency

John McAfee was pronounced dead yesterday shortly after a court approved his extradition to the United States.

The antivirus founder and entrepreneur was charged with tax evasion but arrested in Spain while attempting to board a plane to Turkey.

McAfee was a controversial figure in the tech world, but he was one of the first to launch commercial antivirus software that is used by millions to date.

Read more: What is Rocket Bunny Crypto?

However, it was also into cryptocurrency and was one of the reasons it should be extradited to the US.

So what was his involvement in cryptocurrency and why did that get him into trouble?

Here’s everything we know so far:

What was McAfee’s involvement in cryptocurrency?

McAfee and his bodyguard were accused of taking advantage of McAfee’s large Twitter followers to artificially raise the prices of “altcoins” through a pump-and-dump system and payments that McAfee received from startup companies to first To promote coin offers, to have veiled.

Authorities claim that McAfee touted assets like Verge, Reddcoin and Dogecoin as part of a “Coin of the Day” or “Coin of the Week” tweet from around December 2017 to February 2018.

They said McAfee held its own as an expert on cybersecurity and cryptocurrency through his tweets, speeches and his role as CEO of a publicly traded cryptocurrency company.

They also accused him of telling his followers that he had no interest in the coins, despite announcing that they “will change the world”.

They reportedly made an additional $ 11 million (£ 8 million) in payments from cryptocurrency startups to promote their assets on Twitter, payments that were not disclosed to the investors who bought them.


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