SEC Sues John McAfee for Shilling Crypto ICOs

The US Securities and Exchange Commission (SEC) has filed a civil complaint against cybersecurity software developer and ICO hype man John McAfee, alleging he made over $23 million 

The suit, which also names ex-Team McAfee CEO Jimmy Watson, alleges that that McAfee shilled seven initial coin offerings without revealing he had been paid to do so.

Those seven projects cumulatively took home $41 million, $23.2 million of which allegedly went to McAfee on the sly.

(This story is breaking, and we are updating it as information becomes available.)

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