(New York, NY) — Federal prosecutors are charging antivirus software creator John McAfee with cryptocurrency fraud. The 75-year-old McAfee and his associate Jimmy Watson are accused of a “pump and dump” scheme designed to bilk millions from investors. According to the criminal complaint filed in New York City, McAfee and his team bought large amounts of cryptocurrency altcoins then artificially inflated their value through false endorsement tweets online. McAfee is currently being held in Spain on separate tax evasion charges. Watson was arrested in Texas yesterday on federal fraud, conspiracy and money laundering charges.
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