CIRCUIT MAGAZINE ISSUE 57
Industry News At A Glance
We cast our eye over the main stories impacting the security industry. Here's what's appeared on the radar since the last issue.
John McAfee's Bodyguard Pleads Not Guilty in the $13M Crypto Fraud Case New York, NY
stated both McAfee and Watson allegedly “raked in more than $13 million” from crypto investors.
The legal tussle between the U.S. authorities and John McAfee continues as his associate Jimmy Watson has entered a plea. The former antivirus tycoon’s bodyguard has pleaded not guilty to the alleged cryptocurrency fraud case.
The personal bodyguard of McAfee ostensibly served as an “executive adviser” of the “McAfee Team,” which was the website built to offer tips targeted to crypto traders, allegedly endorsed by the controversial tech entrepreneur.
McAfee and Watson Jr. Are Accused of Having Built a ‘Pump and Dump’ Scheme According to court documents, Jimmy Gale Watson Jr. entered his plea before the Magistrate Judge Kevin Fox at the Southern District of New York. Watson Jr., a former navy seal, was arrested in Texas early this month, as the authorities indicted him with multiple charges that include money laundering and securities fraud. Law enforcement
8
Currently, McAfee is jailed in Spain, as the Spanish authorities arrested him for separate tax evasion charges. As the former antivirus tycoon is pending to face legal troubles in North America, the U.S. government is working on extraditing him, as he allegedly failed to file tax returns. Source >
