John McAfee, the founder of the antivirus software company that bears his surname, was indicted by the United States justice 🇺🇲. He is charged with crimes related to fraud and money laundering for promoting cryptocurrencies to investors between 2017 and 2018.
The method they used was popularly known as "pump and dump". To do this, they bought large amounts of "altcoins" (alternative cryptocurrencies to bitcoin) at a low price so that McAfee later recommended them on TWITTER in a deceptive way, artificially increasing their value.
Presumably, he and the executive advisor to his cryptocurrency team, Jimmy Gale Watson Jr., allegedly pocketed more than $ 13 million 💵 from the resale of these altcoins.
This method was used very recently where by means of a very striking TWEET the price of the BITCOIN was boosted. Do you remember? Great topic for discussion. What do you think? 🤔
I am Daniel Grosso, you can follow me on my networks as @danielgrossoweb 🧑 a daring entrepreneur, who firmly believes in his dreams and who likes to help others, as well as YOU, also achieve theirs 🙂.