CSB News
The US Securities and Trade Fee declared a judgment in opposition to an affiliate of the late John McAfee for collaborating in an alleged preliminary coin supplying (ICO) rip-off.
The top economical watchdog argued that Watson had assisted John McAfee by doing the job on the promotion deals with various ICO issuers.
He also allegedly served McAfee to cash out some of the cryptocurrency payments that they received.
The closing judgment in opposition to Watson bans him from getting, marketing, or even presenting electronic property in any specialist ability whilst also slamming a total financial penalty upwards of $375K.
Nonetheless, he can nevertheless get or offer crypto on his private behalf and with his personal accounts.
The SEC also went on to accuse Watson and McAfee of advertising and taking aspect in several pump and dump strategies though accumulating substantial positions and then endorsing it on Twitter to the hundreds of thousands of followers that the antivirus tycoon had.
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