The US Has Charged Antivirus Magnate John McAfee For Cryptocurrency Promotion Fraud
On the day a Spanish court’s ruling in favor of his extradition was made public, John McAfee died in a prison cell outdoors Barcelona. A request for comment to the Catalan government was not returned by press time. McAfee had been detained in Spain because last fall, when he was arrested on allegations of tax evasion. The US Department of Justice and the Securities and Exchange Commission added to those charges in March, indicting McAfee and an associate on a number of counts related to two cryptocurrency schemes that had allegedly spanned years. If you cherished this article so you would like to obtain more info regarding investigate this site generously visit the webpage. The antivirus pioneer turned fugitive was 75 years old. "Confirmation has come from our legal team in Spain that John was found dead in his jail cell. Security guards at the Brians two penitentiary found McAfee dead in his cell on Wednesday in a statement provided 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 involving non-fungible tokens (NFTs) readily available on its platforms and cryptocurrencies currently subject to a crackdown by Beijing, right after customers 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 economic dangers. 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 said that NFTs can be employed to generate a unique signature for digital assets. Ant, the Jack Ma-controlled fintech group, place on sale two NFT-backed app pictures through its payment platform Alipay and all the products immediately sold out on Wednesday. Ant's adoption of non-fungible tokens triggered confusion on social media where they were linked to virtual currencies such as bitcoin, which have the exact same underlying technologies. AntChain mentioned in item agreements that it provides blockchain technologies to NFT products. Ant, which is undergoing a government-ordered revamp restructuring immediately after the collapse of its mega-IPO last year, on Wednesday mentioned non-fungible tokens and cryptocurrencies have been two diverse factors.
It was 1st proficiently unregulated, then the regulators were fighting more than what was what and new laws and restrictions had been definitely being introduced on a piecemeal, to be candid, wholly confusing basis. Now there is a bit a lot more clarity, but laws are definitely nevertheless catching up. I genuinely think there's going to be growing focus as we've currently seen on crypto as a prospective source of revenue laundering and related concerns. A lot of enormous investors and legitimate entities have been at the incredibly least diversifying in crypto or considering whether they're leaving dollars on the table by not exploring opportunities in this space. There's been an embrace of digital currency and extra broadly blockchain technologies by institutional investors. SEE: Juggling remote operate with kids' education is a mammoth activity. That is not to say that criminals are the only ones out there that are working with cryptocurrency, there could not be something farther from the truth.
