{"id":38474,"date":"2021-03-08T10:03:23","date_gmt":"2021-03-08T08:03:23","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=38474"},"modified":"2025-08-30T04:52:28","modified_gmt":"2025-08-30T01:52:28","slug":"john-mcafee-says-us-fraud-and-money-laundering-charges-are-overblown","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/john-mcafee-says-us-fraud-and-money-laundering-charges-are-overblown\/","title":{"rendered":"John McAfee says US fraud and money-laundering charges are &#8216;overblown&#8217;"},"content":{"rendered":"<p><span style=\\\"font-weight: 400;\\\">Entrepreneur John McAfee<\/span><span style=\\\"font-weight: 400;\\\"> said the U.S. authorities&#8217; charges of fraud and money laundering were exaggerated<\/span><span style=\\\"font-weight: 400;\\\">.<\/span><\/p>\n<p><!--more--><\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">The SEC allegations:<\/p>\n<p>My team evaluated every promotion based on management, business plans and potential. No one could have foreseen the altcoin market crash.<\/p>\n<p>We were paid in the same coins that crashed. The SEC allegations are overblown.<\/p>\n<p>\u2014 John McAfee (@officialmcafee) <a href=\\\"https:\/\/twitter.com\/officialmcafee\/status\/1368139852089294848?ref_src=twsrc%5Etfw\\\">March 6, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<blockquote>\n<p><i><span style=\\\"font-weight: 400;\\\">My team evaluated every promotion based on management, business plans and potential. No one could have foreseen the altcoin market crash. We were paid in the same coins that crashed. The SEC allegations are overblown.<\/span><\/i><span style=\\\"font-weight: 400;\\\">, \u2014<\/span><span style=\\\"font-weight: 400;\\\"> McAfee.<\/span><\/p>\n<\/blockquote>\n<p><span style=\\\"font-weight: 400;\\\">He mentioned the Docademic (MTC) project, which<\/span><span style=\\\"font-weight: 400;\\\"> promoted<\/span><span style=\\\"font-weight: 400;\\\"> more actively than others.<\/span><\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-conversation=\\\"none\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">My belief in the coins I promoted is exemplified by Docademic, the coin I promoted the most.<\/p>\n<p>Even as it crashed I held every single coin allocated to me. I never sold a single coin. I believed in the company to the very end.<\/p>\n<p>\u2014 John McAfee (@officialmcafee) <a href=\\\"https:\/\/twitter.com\/officialmcafee\/status\/1368139853314015234?ref_src=twsrc%5Etfw\\\">March 6, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p><i><span style=\\\"font-weight: 400;\\\">Even after the collapse of Docademic, I did not sell any of the coins I received. I believed in the company to the very end<\/span><\/i><span style=\\\"font-weight: 400;\\\">, \u2014<\/span><span style=\\\"font-weight: 400;\\\"> the entrepreneur noted.<\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">McAfee faces <a href=\"https:\/\/forklog.com\/en\/news\/john-mcafee-faces-up-to-100-years-in-prison-on-fraud-and-money-laundering-charges\">a prison sentence<\/a> of up to a hundred years on seven counts of fraud and seven counts of money laundering. <\/span><span style=\\\"font-weight: 400;\\\">He <a href=\"https:\/\/forklog.com\/en\/news\/sec-files-suit-against-john-mcafee-he-has-been-arrested\">was arrested<\/a> in Spain in October 2020, and is awaiting extradition to the United States.<\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">For more on the entrepreneur&#8217;s unusual life and controversial reputation, read the ForkLog <a href=\"https:\/\/forklog.com\/en\/news\/tax-evasion-ico-advertising-and-belize-flight-the-extraordinary-life-of-john-mcafee\">article<\/a>.<\/p>\n<p><span style=\\\"font-weight: 400;\\\">As ForkLog notes, the co-founder of the Floyd Mayweather-promoted ICO project Sohrab Sharma received eight years in prison.<\/span><\/p>\n<p>Subscribe to ForkLog&#8217;s news on <a href=\\\"https:\/\/www.facebook.com\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Entrepreneur John McAfee said the U.S. authorities&#8217; fraud and money-laundering charges were exaggerated.<\/p>\n","protected":false},"author":1,"featured_media":38475,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1162,1154,319,944,1930],"class_list":["post-38474","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-court-cases","tag-crimes","tag-ico","tag-john-mcafee","tag-prosecutor-office"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/38474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=38474"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/38474\/revisions"}],"predecessor-version":[{"id":38476,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/38474\/revisions\/38476"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/38475"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=38474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=38474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=38474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}