Entrepreneur John McAfee considered the accusations of fraud and money laundering by the US authorities to be exaggerated.
The SEC allegations:
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.
— John McAfee (@officialmcafee) March 6, 2021
“My team evaluated each advance based on management, business plans and potential. No one could have foreseen the collapse of the altcoin market. We were paid with the same coins that collapsed. SEC accusations inflated, ”McAfee wrote.
He mentioned the project Docademic (MTC), which “promoted more actively than others.”
My belief in the coins I promoted is exemplified by Docademic, the coin I promoted the most.
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.
— John McAfee (@officialmcafee) March 6, 2021
“Even after the collapse [Docademic], I did not sell any of the coins I received. I believed in the company until the very end, ”said the entrepreneur.
McAfee faces up to one hundred years in prison on seven counts of fraud and money laundering on seven counts. He was arrested in Spain in October 2020 and is awaiting extradition to the United States.
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