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rslade
Influencer II

John McAfee arrested for securities fraud

A "pump and dump" scheme involving cryptocurrency, this time.

 

Quite apart from this specific fraud, let me say that cryptocurrency is still a huge gamble at this point.  And BLOCKCHAIN IS NOT THE ANSWER!  And neither is BitCoin.  And neither is ChinaCoin.  Et cetera.  Et cetera.


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Other posts: https://community.isc2.org/t5/forums/recentpostspage/user-id/1324864413

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1 Reply
Musser989
Viewer


@rslade wrote:

A "pump and dump" scheme involving cryptocurrency, this time.

 

Quite apart from this specific fraud, let me say that cryptocurrency is still a huge gamble at this point.  And BLOCKCHAIN IS NOT THE ANSWER!  And neither is BitCoin.  And neither is ChinaCoin.  Et cetera.  Et cetera.


Cybersecurity entrepreneur and crypto personality John McAfee’s wild ride could be coming to an end after he was arrested in Spain today, and now faces extradition to the U.S. over charges spanning tax evasion and fraud.