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Inside John McAfee's Crypto Business and Alleged Fraud

A parade of scams followed in the footsteps of McAfee’s alleged fraud.

John McAfee

Photographer: Anthony Kwan/Bloomberg

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John McAfee came away from his failed presidential run with a newfound interest in digital currencies and set up a crypto operation in his Tennessee home. At the same time, he was becoming increasingly dependent on synthetic drugs, people close to him said. The resulting delusions and hallucinations cost him relationships.

His crypto business waded deep into the grayest waters of the industry, where regulators had yet to define rules. Marketing and promotional schemes — and his public refusals to pay taxes — put him in the crosshairs of law enforcement.

— With assistance by Hannah Miller

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 16.03.2023

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