Former anti-virus magnate John McAfee is attacking the US Securities and Trade Fee (SEC) once more. McAfee let unfastened on twitter this Thursday after Jay Clayton, the chairman of the SEC, acknowledged that the SEC views cryptocurrencies as securities.
McAfee, who was as soon as well-known for his eponymous anti-virus software program, has develop into a significant proponent of cryptocurrency prior to now few years. Pushed by a libertarian politics that very a lot matches with the spirit of Bitcoin’s nameless founder, Satoshi Nakamoto, McAfee appears significantly drawn to the truth that cryptocurrency operates exterior of governmental grasp.
With an affliction for cryptocurrency and disdain for presidency, McAfee now seems to spend a big proportion of his time posting cryptocurrency memes and anti-government vitriol on twitter.
His ire in direction of the SEC was on display last week for nearly precisely the identical purpose because it was yesterday. Through the course of an interview with broadcaster CNBC, Clayton acknowledged that cryptocurrencies, excluding Bitcoin, are securities.
McAfee, who was within the midst of a ‘meme war’ on Twitter on the time, was enraged by this. He mentioned that Clayton and the SEC ought to debate him and that, in the event that they refused to take action, they need to “back the f*** off.”
The identical situation performed itself out yesterday. Clayton gave a speech at an SEC public discussion board wherein he mentioned: “much of what I have seen in the ICO or token or ICO space, is a security offering… I don’t know how much more clear I can be about it.”
Meme posted by McAfee on his twitter account. Authentic image by twitter account @tommyp408
McAfee who had simply completed posting the adjoining meme, was infuriated as soon as once more. “I will fight,” mentioned McAfee, “with every last breath to ensure that this absurd overreach by the SEC will not stand!!”
Regardless of his Braveheart-esc response, it does seem that McAfee gained’t be burning down the SEC’s Washington headquarters any time quickly. He mentioned that, at the very least for the second, he will likely be “submitting…to this law.”
As fantastic as the continuing tussle between the SEC and McAfee is to observe, there may be extra thrilling information. McAfee goes to be asserting the winner of his meme competitors within the subsequent few days. This writer is ready with bated breath.
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I wish McAfee would just leave the crypto space. Hes nothing but a paid shrill, a shit coder, and a possible murderer.
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