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Author Topic: Finally!! McAfee is arrested in Spain and now facing extradition  (Read 765 times)
Anarchy101
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October 06, 2020, 05:22:54 AM
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 #1

John McAfee, the 74-year-old software magnate-turned-crypto-bull, has been arrested in Spain on allegations of tax evasion, according to the U.S. Department of Justice. His extradition to the U.S. is pending.

https://www.coindesk.com/sec-alleges-john-mcafee-pumped-tokens-for-profit




Below you will find the 55 pages COMPLAINT filed against John McAfee, Jimmy Gale Watson, Jr. Document by Securities and Exchange Commission..(Best, Richard) (Entered: 10/05/2020)

https://www.courtlistener.com/docket/18506139/1/securities-and-exchange-commission-v-mcafee/


Dunno about you guys but I am really happy with this step from SEC
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October 06, 2020, 05:40:26 AM
 #2

Dunno about you guys but I am really happy with this step from SEC

Although I guess it's probably (well) deserved, I can also almost see the news coming out and telling that crypto is bad because it encourages tax evasion and so on...
He's a public figure (after all) and he did try quite badly to associate his name with crypto industry.

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October 06, 2020, 05:58:13 AM
 #3

Dunno about you guys but I am really happy with this step from SEC

Although I guess it's probably (well) deserved, I can also almost see the news coming out and telling that crypto is bad because it encourages tax evasion and so on...
He's a public figure (after all) and he did try quite badly to associate his name with crypto industry.

I understand but, it does feel good to finally see him pay for his actions. I lost a good chunk of money with his endorsed projects first with SETHER, and then with another project don't even remember the name lol.
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October 06, 2020, 06:24:32 AM
 #4

I think he will eventually get away with the charges by paying a penalty to SEC board. I am sure he would have made millions it dollars by shilling those Ico's and he will be paying a small amount comparitively to get out .

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October 06, 2020, 06:28:19 AM
 #5

I understand but, it does feel good to finally see him pay for his actions. I lost a good chunk of money with his endorsed projects first with SETHER, and then with another project don't even remember the name lol.

I also got rekt by the Sether scam which he endorsed, but I can't be happy that he got arrested, tho. In the end was our decision/risk to put our money into that ICO. Further more we won't get our money back with his arrest.

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October 06, 2020, 06:28:47 AM
 #6

Earlier, there was information that John McAfee had problems with the tax authorities. He had already somehow hid on a yacht to avoid being arrested for tax evasion. In my opinion, McAfee should have made good money and solved his problems with the tax authorities relatively easily. Sooner or later, it should have happened. Looks like John McAfee was taking this issue too lightly. Well, everyone should be responsible for their actions.

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October 06, 2020, 06:29:38 AM
 #7



Extracted this from page 10 para 35 that dude made crazy returns just from his tweets about the ICO lol.

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October 06, 2020, 07:32:03 AM
 #8

Am I happy with this news? YES

a few years ago when I tried to invest in some project, the "McAfee Factor" is became a reference for me (I'm sure many people did it too) but then what happened with the project? with most of the projects endorsed by that old man?

I don't blame McAfee in my case, as it is purely my fault. But imagine if the project was not endorsed by McAfee at that time, it is very likely that I will not invest in the project.
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October 06, 2020, 07:48:45 AM
 #9

I think he will eventually get away with the charges by paying a penalty to SEC board. I am sure he would have made millions it dollars by shilling those Ico's and he will be paying a small amount comparitively to get out .
What you think is not necessarily true, unless you have communicated directly with him, because logically we cannot guess the way someone's thinking, so don't confuse your thoughts with other people's thoughts in everything.

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October 06, 2020, 09:13:31 AM
 #10

I am first feeling okay with this guy until he start being super aggressive on people in Twitter lol

I mean price prediction is fine but swearing unnecessary seems pretty dumb and tarnish the overall of the crypto scene
But yeah, if hes clear with evidence, then wish him fine then 

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October 06, 2020, 09:20:30 AM
 #11

Does that mean I will no longer get pop ups from that McAfee web advisor trash? I have no clue how it got onto my computer but for some reason I can't get rid of it. Good riddance anyways
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October 06, 2020, 09:22:23 AM
 #12

Dunno about you guys but I am really happy with this step from SEC

Although I guess it's probably (well) deserved, I can also almost see the news coming out and telling that crypto is bad because it encourages tax evasion and so on...
He's a public figure (after all) and he did try quite badly to associate his name with crypto industry.

I understand but, it does feel good to finally see him pay for his actions. I lost a good chunk of money with his endorsed projects first with SETHER, and then with another project don't even remember the name lol.

Well, it's not just you buddy. A lot of people trusted projects where he associates himself and he always leaves the project after profit. He had abandoned a lot of projects where some really has a good potential. I think this is a well deserved karma for him.


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October 06, 2020, 09:50:43 AM
 #13

John McAfee, the 74-year-old software magnate-turned-crypto-bull, has been arrested in Spain on allegations of tax evasion, according to the U.S. Department of Justice. His extradition to the U.S. is pending.

https://www.coindesk.com/sec-alleges-john-mcafee-pumped-tokens-for-profit




Below you will find the 55 pages COMPLAINT filed against John McAfee, Jimmy Gale Watson, Jr. Document by Securities and Exchange Commission..(Best, Richard) (Entered: 10/05/2020)

https://www.courtlistener.com/docket/18506139/1/securities-and-exchange-commission-v-mcafee/


Dunno about you guys but I am really happy with this step from SEC
I don't know about the Law in U.S,does a 74 y/o can be put in jail?

Though i am happy because at least now the man will face the accusations against Him(and in a moment will keep silent from his crypto prediction) yet He is too old to be behind bars.

Does that mean I will no longer get pop ups from that McAfee web advisor trash? I have no clue how it got onto my computer but for some reason I can't get rid of it. Good riddance anyways
actually even in Youtube for me it is popping up.

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October 06, 2020, 09:57:39 AM
 #14

~

$1000000 per tweet?! and ~$23000000 in total ?! man.. this is insane!
No wonder the SEC put him (them) under charges for not paying taxes and maybe more.

I wonder why he decided to take part of those ICO's back in the days and why he endorsed them. Obviously the answer is "money" but why?! when he had a lot of money, since is McAfee. For sure he was still sitting on a few millions before stepping into this shit. Strange guy.. anyways.
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October 06, 2020, 09:57:56 AM
 #15

Does that mean I will no longer get pop ups from that McAfee web advisor trash? I have no clue how it got onto my computer but for some reason I can't get rid of it. Good riddance anyways

Maybe you browse some website that contains same kind of advertisement. Most of the pop ads is due to aware or smart ads that detects user that browse same kind of topic. IMHO, we can't guarantee that all his shit business and hype advisory will stop because he has people that running his fraud business. He is a smart guy and I believe he will just bail out soon.

I dunno if I will be happy on this news. Because this incident shows that crypto is a safe haven for people who are evading tax. SEC might tighten rules and regulations again for crypto user.


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October 06, 2020, 10:06:05 AM
 #16



Extracted this from page 10 para 35 that dude made crazy returns just from his tweets about the ICO lol.

He abused his authority, he is one example why we should not trust this so called influencers, when it comes to investing in Cryptocurrency, people should do his own research not rely his fortune to people because of their stature, we are all the same here and we are capable of reaching what these so called influencers when it comes to investing.

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October 06, 2020, 11:12:42 AM
 #17

Dunno about you guys but I am really happy with this step from SEC
I can garner a guess that you're one of those his crypto calls destroyed their fortunes. I remember what he did with PIVX and GHOST and how he abandoned his numerous fans in the lurch. It was really pathetic. Those coins plummeted within minutes as soon as investors got wind that McAfee was leaving the projects. I hope he pays for his numerous crypto sins.


He's a public figure (after all) and he did try quite badly to associate his name with crypto industry.
He wasn't just a bad influence in the crypto industry, he has a zombified influence on his followers to the point that they easily would think he's always right whenever he made a call. No questions asked, "just do it" kind of stuff because McAfee says so.

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bisdak40
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October 06, 2020, 11:16:27 AM
 #18

I think he will eventually get away with the charges by paying a penalty to SEC board. I am sure he would have made millions it dollars by shilling those Ico's and he will be paying a small amount comparitively to get out .

Absolutely. Those fines that will be charged by SEC are just pennies compared to what he earned in the past few years here in the crypto world and even continue to gained profit as of this writing. On the other hand, McAfee have helped making crypto popular to people though in a bad way but at least people now knows whats is crypto all about.

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October 06, 2020, 11:24:37 AM
 #19

I think he will eventually get away with the charges by paying a penalty to SEC board. I am sure he would have made millions it dollars by shilling those Ico's and he will be paying a small amount comparitively to get out .

Absolutely. Those fines that will be charged by SEC are just pennies compared to what he earned in the past few years here in the crypto world and even continue to gained profit as of this writing. On the other hand, McAfee have helped making crypto popular to people though in a bad way but at least people now knows whats is crypto all about.

I don't think many people will understand the whole situation. I bet a lot of people will still have the perception that crypto is used to avoid taxes and other money laundering activities. But his earnings are really overboard. I remember one project that I promoted way way back, endorsed by McAfee. I think they only used his name and he was just paid to use his name as front. Remember those tokens or ICO projects before, they always put in their title thread - like endorsed or backed by McAfee. I also believe he can easily get away from this, paying the government by small portion of those easy earnings.

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October 06, 2020, 11:48:35 AM
 #20

Dunno about you guys but I am really happy with this step from SEC
Finally SEC is trying do something good, instead of trying to ban decent projects like Telegram's gram was
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