McAfee faces crypto-related fraud charges from NY court By Cointelegraph

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McAfee faces crypto-related fraud charges from NY court

Crypto advocate and internet security pioneer John McAfee faces a number of different criminal charges, based on a new statement from the United States Department of Justice, or DoJ.

The department accused McAfee of “conspiracy to commit commodities and securities fraud, conspiracy to commit securities and touting fraud, wire fraud conspiracy and substantive wire fraud, and money laundering conspiracy offenses stemming from two schemes relating to the fraudulent promotion to investors of cryptocurrencies qualifying under federal law as commodities or securities,” the DoJ’s statement from the Southern District of New York said on Friday.