The US Has Charged Antivirus Magnate John McAfee For Cryptocurrency Promotion Fraud

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On the day a Spanish court’s ruling in favor of his extradition was made public, John McAfee died in a prison cell outside Barcelona. A request for comment to the Catalan government was not returned by press time. McAfee had been detained in Spain since final fall, when he was arrested on allegations of tax evasion. The US Department of Justice and the Securities and Crypto To invest in Exchange Commission added to those charges in March, indicting McAfee and an associate on a number of counts connected to two cryptocurrency schemes that had allegedly spanned years. The antivirus pioneer turned fugitive was 75 years old. "Confirmation has come from our legal group in Spain that John was located dead in his jail cell. Security guards at the Brians two penitentiary located McAfee dead in his cell on Wednesday in a statement offered to the Associated Press, the Catalan government indicated that McAfee died by suicide. He had faced up to decades in prison if convicted of all charges.

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SHANGHAI, June 23 (Reuters) - China's Ant Group on Wednesday sought to draw a distinction among non-fungible tokens (NFTs) available on its platforms and cryptocurrencies at present topic to a crackdown by Beijing, following users expressed confusion. Winston Ma, NYU Law College adjunct professor, also highlighted the confusion over the nature of NFTs. Reporting by Samuel Shen and Andrew Galbraith. China has more than the previous month intensified a campaign against cryptocurrency trading and mining, aspect of efforts to fend off financial risks. In addition to app pictures, NFT digital artworks are also auctioned on Ant's Alipay platform. AntChain, the Ant unit that develops blockchain-primarily based technology options. He mentioned that NFTs can be applied to make a unique signature for digital assets. Ant, the Jack Ma-controlled fintech group, place on sale two NFT-backed app pictures by means of its payment platform Alipay and all the things rapidly sold out on Wednesday. Ant's adoption of non-fungible tokens brought on confusion on social media where they have been linked to virtual currencies such as bitcoin, which have the identical underlying technologies. AntChain stated in item agreements that it offers blockchain technologies to NFT products. Ant, which is undergoing a government-ordered revamp restructuring after the collapse of its mega-IPO final year, on Wednesday mentioned non-fungible tokens and cryptocurrencies had been two distinct factors.

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