The fiancee of the cyber-sector tycoon John McAfee, Janice McAfee recently shared a tweet saying Elon Musk has moved the crypto market a lot with his tweets. Janice argued that John should not be in prison for doing similar things to the CEO of Tesla.
Janice McAfee Argued Elon Musk Moved Markets Greater Than John
Well, the involvement and engagement of both Elon Musk and Tesla, the electric vehicle manufacturing company with the crypto market can not be ignored.
Janice McAfee commented on the matter yesterday and argued that Elon Musk shared tweets that influenced the crypto market greater than ever.
In reply to one of the questions under her tweet, she said:
“I’m not saying that Elon Musk should be in prison. That’s ridiculous. I’m simply stating that according to John McAfee’s indictment, he has been accused of engaging in similar activity, so since Elon is not in prison for his actions, neither should John be.”
Well, the fact that Elon Musk’s tweets did have an impact on the flagship currency Bitcoin and meme coin Dogecoin, but in comparison to what John allegedly did is completely different.
John was alleged of practicing the age-old pump and dump schemes from which he and his team gained an advantage directly.
Indictment Against John McAfee
As reported by leading market reporters the indictment against John McAfee that was brought up back in the month of March 2021 by the Southern District of New York, the US Department of Justice read:
“As alleged, McAfee and Watson exploited a widely used social media platform (read: Twitter) and enthusiasm among investors in the emerging cryptocurrency market to make millions through lies and deception. The defendants allegedly used McAfee’s Twitter account to publish messages to hundreds of thousands of his Twitter followers touting various cryptocurrencies through false and misleading statements to conceal their true, self-interested motives.”
The indictment further added:
“McAfee, Watson, and other members of McAfee’s cryptocurrency team allegedly raked in more than $13 million from investors they victimized with their fraudulent schemes. Investors should be wary of social media endorsements of investment opportunities. – said Manhattan US Attorney Audrey Strauss.”
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