John McAfee to Be Extradited to US From Spain

Jun 23, 2021 | Decrypt News | 0 comments


Spain’s High Court has approved the extradition of badboy tech entrepreneur John McAfee to the U.S. where he will face tax evasion charges, according to reports. 

McAfee, who was arrested in Spain last year, can still appeal against the extradition, local media and agencies reported Wednesday.

The alleged tax evasion charges say that the 75-year-old entrepreneur made over $23 million by promoting seven initial coin offerings (ICOs)—described as “pump-and-dump” schemes by U.S. authorities. 

Decrypt initially reported the details of McAfee’s crypto promotion business in April 2019. McAfee sought up to 20% of the tokens issued in a variety of ICOs, in exchange for his public endorsement, which would’ve made him millions of dollars.

U.S. authorities are now alleging that McAfee failed to pay taxes from 2014 to 2018 and that he routed income though cryptocurrency accounts in another person’s name.

The founder of popular anti-virus software was also hit with new charges related to fraud and money laundering in March. 

He has always denied the accusations and claimed they are politically motivated. McAfee claims that the charges are related to his failed bid to run as a Liberatarian Party candidate in the 2020 U.S. presidential election—but hasn’t yet provided any proof of this.

John McAfee Didn’t Kill Himself, He Tweets From Jail

The prosecutor in the case, Carlos Bautista, slammed McAfee’s claims of a political attack and said he was simply avoiding taxes, according to reports. 

McAfee has been a controversial figure in the tech world for some time. He has openly criticized U.S. authorities’ tax-collecting methods and in 2018 said he would “rip the SEC a new asshole.”

News Source from

Related Articles

Aave to launch institutional DeFi platform Aave Arc within weeks

Aave to launch institutional DeFi platform Aave Arc within weeks

DeFi lending platform Aave has rebranded its upcoming institutional DeFi platform from Aave Pro to Aave Arc, according to CEO Stani Kulechov. The decision was made to represent its purpose as a gateway to bring institutions into the decentralized finance industry. And...

Bitcoin’s price rises above $40,000 for first time in over a month

Bitcoin’s price rises above $40,000 for first time in over a month

Bitcoin's price rose above $40,000 on Monday, representing the first time the market has moved above that level since mid-June. At press time, the cryptocurrency is trading at $40,085 on Coinbase, up more than 17% in the past twenty-four hours. As noted in the chart...

Pin It on Pinterest

Share This