John McAfee Claims His Crypto Assets Are Gone: I Have Nothing!

News

John McAfee asserted for the duration of an extradition hearing in Spain that the tax evasion expenses towards him had been politically motivated. John McAfee C...

John McAfee Claims His Crypto Assets Are Gone: I Have Nothing!

[ad_1]

John McAfee asserted for the duration of an extradition hearing in Spain that the tax evasion expenses towards him had been politically motivated.

John McAfee Claims His Crypto Assets Are Gone: I Have Nothing!
John McAfee Claims His Crypto Assets Are Gone: I Have Nothing!

Anti-virus pioneer John McAfee has informed his one particular million Twitter followers that all of his crypto assets are gone — even though he admits not absolutely everyone believes him. inform the reality.

The founder of the McAfee antivirus plan has been behind bars in Spain because October 2020 – when he was arrested for tax evasion – but that has not stopped him from posting on Twitter pretty much each day.

The 76-yr-outdated tweeted earlier nowadays that “I have nothing. However, I have no regrets at all,” and mentioned that:

“The United States believes I hid crypto. I wish I did but it has since vanished through the many hands of Team McAfee (your trust is unnecessary), and all of my remaining assets have been confiscated. My friends evaporated for fear of being implicated.”

The US government is now searching for to extradite McAfee, with a ruling due from Spanish courts in the coming days.

McAfee has various expenses towards him, together with operating two “pump and dump” cryptocurrency scams that defrauded traders of $13 million.

If extradited, McAfee will encounter tax evasion expenses from 2014 to 2018, just after he failed to report earnings from a number of income sources this kind of as crypto curiosity, paid cryptocurrency promoting, consulting function and offering the rights to the documentary about his daily life.

McAfee’s daily life behind bars looks to be one particular to ponder, as he commonly tweets messages with a tone that switches in between sadness, acceptance of his predicament, mixed with sparks of aggression with US regulatory companies.

In his June 9 tweet, he mentioned that:

“After the uncountable lawsuits and reach of the Fed, now I have nothing left. But inside these bars, I have never felt more free. The things you believe you own, in fact own you.”

It stands in stark contrast to McAfee’s past many years, in which his net well worth grew to $a hundred million from his effective antivirus program business. McAfee as soon as owned a mansion well worth additional than $five million in Colorado Springs, and even lived on a luxury yacht in the waters of the Dominican Republic, which he calls “the ship of freedom.”

According to a June 2020 indictment from the Department of Justice’s Tax Division and Tennessee prosecutors, McAfee faces a minimal of 5 many years for each and every tax evasion count and a minimal of one particular yr for each and every try to intentionally fail Tax.

Given his age, the serial entrepreneur will possible invest the rest of his daily life behind bars if convicted.

McAfee spoke in Spain’s Supreme Court this week for the duration of the initially hearing of his extradition trial and asserted that the allegations from US regulators had been politically motivated by twice attempted to run as the Liberal Party candidate in the US presidential election. He mentioned he came to the consideration of the IRS in 2018 when:

“I also announced that I would be targeting the IRS and its corruption, and two months later the IRS filed charges against me.”

Spanish prosecutor Carlos Bautista denied this declare and described McAfee as a “tax rebel, nothing more. A millionaire doesn’t want to pay taxes.”

Synthetic

Maybe you are interested:

Join the chat group Coinlive Chats Now let us examine sizzling problems of DeFi industry with Coinlive admins!!!



[ad_2]

More From Crypto News

US Treasury Takes Action Against MEXC Over Alleged $16B in Sanctions-Linked Transactions
Crypto News

US Treasury Takes Action Against MEXC Over Alleged $16B in Sanctions-Linked Transactions

The Treasury press release identifies MEXC as the subject of the action and ties the exchange to transaction flows connected to three sanctioned or adversarial...

Nov 7, 20263 min read
Core Lightning Urges Upgrade to v26.06.10 for Security Fixes
Crypto News

Core Lightning Urges Upgrade to v26.06.10 for Security Fixes

Core Lightning has urged node operators to install v26.06.10, a maintenance release from the ElementsProject/lightning repository that addresses issues in two a...

Nov 6, 20263 min read
XRP Ledger Fixes Bug That Could Have Created New Tokens
Crypto News

XRP Ledger Fixes Bug That Could Have Created New Tokens

The XRP Ledger has patched a disclosed security bug that could have allowed accounts with approved token-burning permissions to also create new tokens, a flaw t...

Nov 5, 20263 min read
Why Is Dash (DASH) Price Surging Today? Key Drivers
Crypto News

Why Is Dash (DASH) Price Surging Today? Key Drivers

Dash (DASH) is trading at $49.55, up 10.16% in the past 24 hours as of November 5, 2026, placing it among the day’s top gainers in the broader altcoin market.

Nov 5, 20263 min read
Binance Spot Share Falls to 42% After $6.3B Hack
Crypto News

Binance Spot Share Falls to 42% After $6.3B Hack

Binance’s share of global spot trading has fallen to 42% in the wake of a reported $6.3 billion hack, with rival exchange OKX emerging as one of the clearest be...

Nov 5, 20263 min read
Why Is Arbitrum (ARB) Price Surging Today? Key Drivers Explained
Crypto News

Why Is Arbitrum (ARB) Price Surging Today? Key Drivers Explained

Arbitrum’s ARB token is trading at $0.159795, up 4.80% in the past 24 hours as of November 4, 2026, with spot volume reaching $0.11 billion on the day.

Nov 4, 20264 min read
Shiba Inu

Author

Shiba Inu

Read more CoinLive coverage and analysis from Shiba Inu.