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Antivirus magnate John McAfee has been indicted on federal charges related to 'the fraudulent promotion of cryptocurrencies'

Ben Gilbert   

Antivirus magnate John McAfee has been indicted on federal charges related to 'the fraudulent promotion of cryptocurrencies'
  • McAfee Antivirus creator John McAfee is being indicted on federal charges for the second time.
  • This indictment is related to "the fraudulent promotion to investors of cryptocurrencies."
  • McAfee faces a variety of charges, and is currently detained in Spain for a prior indictment.

Cybersecurity mogul and $4 John McAfee is facing a variety of charges brought by the US Department of Justice, according to a newly unsealed indictment.

McAfee is being charged on a range of offenses, "stemming from two schemes relating to the fraudulent promotion to investors of cryptocurrencies qualifying under federal law as commodities or securities," $4.

Those charges range from, "conspiracy to commit commodities and securities fraud" to "money laundering conspiracy offenses," and $4.

More specifically, McAfee and a colleague "allegedly raked in more than $13 million from investors," Manhattan US Attorney Audrey Strauss said, through a variety of means related to cryptocurrency: A so-called "pump and dump" scheme, the indictment said, and undisclosed agreements to promote certain currencies for compensation.

"The defendants allegedly used McAfee's Twitter account to publish messages to hundreds of thousands of his Twitter followers touting various cryptocurrencies through false and misleading statements to conceal their true, self-interested motives," Strauss said.

If found guilty, McAfee faces a potential maximum prison sentence that would amount to a life sentence.

McAfee has $4, and remains active on the social media platform - even though he's currently imprisoned in Spain due to the prior tax evasion charges. In his profile, McAfee described himself as an, "Iconoclast," and a, "Lover of women, adventure and mystery."

McAfee didn't respond to a request for comment as of publishing.

Got a tip? Contact Insider senior correspondent Ben Gilbert via email (bgilbert@insider.com), or Twitter DM ($4). We can keep sources anonymous. Use a non-work device to reach out. PR pitches by email only, please.

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