SEC sues John McAfee over recommending initial coin offerings on Twitter

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SEC sues John McAfee over recommending initial coin offerings on Twitter
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The U.S. Securities and Exchange Commission on Monday sued John McAfee, the creator of eponymous anti-virus computer software, alleging that he has made over $23.1 million in undisclosed compensation from recommending seven initial coin offerings on Twitter that were materially...

FILE PHOTO: The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan Ernst

- The U.S. Securities and Exchange Commission on Monday sued John McAfee, the creator of eponymous anti-virus computer software, alleging that he has made over $23.1 million in undisclosed compensation from recommending seven initial coin offerings on Twitter that were materially false and misleading.

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