McAfee faces crypto-related fraud costs from NY courtroom By Cointelegraph


McAfee faces crypto-related fraud costs from NY courtroom

Crypto advocate and web safety pioneer John McAfee faces numerous totally different prison costs, primarily based on a brand new assertion from the USA Division of Justice, or DoJ.

The division 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 cash laundering conspiracy offenses stemming from two schemes referring to the fraudulent promotion to traders of cryptocurrencies qualifying below federal legislation as commodities or securities,” the DoJ’s assertion from the Southern District of New York stated on Friday.