John McAfee commits suicide in Spain

John McAfee commits suicide in Spain - Coin News


On June 23, UK-born US anti-virus software program entrepreneur and crypto advocate John McAfee (75 years previous) dedicated suicide in a Barcelona jail, following a court docket determination. Spanish high-ranking officers about his extradition to the United States on prices of tax evasion, Reuters reported, citing his lawyer.

John McAfee

John McAfee commits suicide in Spain

His suicide occurred hours after the announcement of his extradition to the United States. John McAfee, the American creator of the favored anti-virus software program of the identical title needed by his nation for tax evasion, dedicated suicide earlier Wednesday in a jail in Spain, the place he has been in custody since his arrest in October 2020.

According to El Pais, John McAfee, 75, was discovered hanged in his cell. Despite intensive resuscitation, the person couldn’t be saved. A spokesman for the jail administration in Catalonia, northeastern Spain, the place he’s being held, stated: “He was discovered useless in his cell, it seems he dedicated suicide. shut.

Earlier within the day, the Spanish judiciary licensed his extradition to the United States. The inexperienced gentle for a National Hearing may nonetheless be topic to a judicial enchantment and extradition would additionally must be accredited by the Spanish authorities, concretizing the court docket’s determination.

In May, he stated that given his age, he would definitely spend the remainder of his life in jail if convicted within the United States.

“I hope that the Spanish courts will see the injustice of this, the United States wants to take me as an example,” he stated within the report.

Additionally, the US Securities and Exchange Commission charged McAfee and his bodyguard Jimmy Watson, Jr. violated the anti-fraud provisions of federal securities legal guidelines, McAfee violated the anti-tender provisions, and Watson supported and abetted McAfee’s violations.

McAfee based the software program firm McAfee Associates in 1987 and ran it till 1994, when he resigned from the corporate, in keeping with Wikipedia. The firm was bought by Intel in 2011, though it nonetheless carries the McAfee model title. McAfee’s fortune peaked in 2007 at $100 million, earlier than his investments plummeted throughout the 2007-2008 monetary disaster.

McAfee additionally unsuccessfully sought the Liberal Party nomination for President of the United States in 2016 and 2020.

John McAfee Accused of Crypto Fraud

The businessman was arrested in Spain in October 2020 when the Justice Department filed federal tax evasion prices in opposition to him for allegedly having earnings and costs deposited in banks and digital cash alternate accounts. dying in another person’s title In 2019, McAfee stated he hadn’t paid U.S. earnings taxes in eight years.

John McAfee, who already faces federal tax evasion prices, was indicted in March for allegedly utilizing his intensive social media to run schemes to pump and promote cryptocurrency. in addition to promoting digital foreign money to buyers with out disclosing its stake in it, in keeping with the Justice Department.

According to prosecutors, essentially the most severe of the costs, substantial wire fraud, carries a sentence of 20 years in federal jail.

The Securities and Exchange Commission additionally filed civil prices in opposition to McAfee and Watson for selling preliminary coin choices with out disclosing that they maintain a considerable monetary stake within the foreign money.

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