The Charges John McAfee, Jimmy Gale Watson Jr., Face
Here are the charges the U.S. Justice Department and FBI are bringing against McAfee and Watson:
–Conspiracy to commit commodities and securities fraud.
–Conspiracy to commit securities and touting fraud.
–Wire fraud conspiracy and substantive wire fraud.
–Money laundering conspiracy offenses stemming from two schemes relating to the fraudulent promotion to investors of cryptocurrencies qualifying under federal law as commodities or securities.
All that is according to a March 5 press release from the U.S. Justice Department. Authorities call the allegations against McAfee and Watson a “pump and dump” scheme.
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