SEC Sues John McAfee Over Promoting Cryptocurrency On Twitter

Aighearach shares a report from Reuters: The U.S. Securities and Exchange Commission (SEC) on Monday sued John McAfee, creator of the eponymous anti-virus software, alleging that he made over $23.1 million in undisclosed compensation from recommending seven cryptocurrency offerings on Twitter that were materially false and misleading. The regulator, which is seeking a trial by jury, alleged that from at least…

John McAfee Loses Bet: Bitcoin Hasn’t Hit $500K

Slashdot reader Charlotte Web quotes Mashable: Three years ago on this date, on July 17, 2017, McAfee, the eccentric founder of the antivirus software company bearing his name, made the bet of a lifetime. McAfee made a bet that in three years a single bitcoin (1 BTC) would be worth $500,000. Now while most people would throw down money to make…