Law
2021-03-06T16:00:02+00:00

John McAfee and a consultant indicted on crypto fraud charges

Software developer and antivirus pioneer John McAfee is to stand trial in the U.S. on charges of cryptocurrency fraud and conspiracy to commit money laundering. The Justice Department published the indictment on Friday, and McAfee faces years in prison and heavy fines if convicted.

The 75-year-old was arrested in Spain in October at the behest of U.S. law enforcement officials, who had already filed charges against him for tax evasion and unfairly promoting cryptocurrencies. A statement from McAfee was not initially available. According to U.S. authorities, he remains in custody in Spain.

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