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SEC Sues John McAfee Over Recommending Initial Coin Offerings on Twitter

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SEC Sues John McAfee Over Recommending Initial Coin Offerings on Twitter

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(Reuters) – The U.S. Securities and Exchange Commission on Monday sued John McAfee, the creator of eponymous anti-virus computer software, alleging that he has made over $23.1 million in undisclosed compensation from recommending seven initial coin offerings on Twitter that were materially false and misleading.

(Reporting by Ayanti Bera in Bengaluru; Editing by Anil D’Silva)

Copyright 2020 Thomson Reuters.

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