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IPFS News Link • Investigations

John McAfee Indicted Over Alleged Cryptocurrency Fraud

• Zero Hedge

John McAfee, an unapologetic outlaw who may or may not have murdered his neighbor in Belize for poisoning his dogs, has been indicted by US authorities on several charges - including conspiracy to commit commodities and securities fraud, and money laundering conspiracy offenses.

The charges, according to Bloomberg, stem from two schemes 'relating to the fraudulent promotion to investors of cryptocurrencies qualifying under federal law as commodities or securities.'

Also indicted is Jimmy Watson - an executive adviser to McAfee's cryptocurrency team. Watson was arrested in Texas Thursday night, while McAfee is currently being detained in Spain on separate criminal charges filed by the DOJ's tax division.