John McAfee to Be Extradited to US From Spain



Briefly

  • Anti-virus software program mogul John McAfee was arrested in Spain final 12 months on tax evasion costs.
  • The Spanish Excessive Court docket has now approved his extradition to the U.S.
  • McAfee has at all times denied the accusations.

Spain’s Excessive Court docket has authorised the extradition of badboy tech entrepreneur John McAfee to the U.S. the place he’ll face tax evasion costs, according to stories. 

McAfee, who was arrested in Spain final 12 months, can nonetheless attraction towards the extradition, native media and companies reported Wednesday.

The alleged tax evasion costs say that the 75-year-old entrepreneur revamped $23 million by selling seven preliminary coin choices (ICOs)—described as “pump-and-dump” schemes by U.S. authorities. 

Decrypt initially reported the small print of McAfee’s crypto promotion enterprise in April 2019. McAfee sought as much as 20% of the tokens issued in quite a lot of ICOs, in change for his public endorsement, which might’ve made him thousands and thousands of {dollars}.

U.S. authorities at the moment are alleging that McAfee did not pay taxes from 2014 to 2018 and that he routed earnings although cryptocurrency accounts in one other individual’s title.

The founding father of in style anti-virus software program was additionally hit with new costs associated to fraud and cash laundering in March. 

He has at all times denied the accusations and claimed they’re politically motivated. McAfee claims that the costs are associated to his failed bid to run as a Liberatarian Social gathering candidate within the 2020 U.S. presidential election—however hasn’t but offered any proof of this.

The prosecutor within the case, Carlos Bautista, slammed McAfee’s claims of a political assault and mentioned he was merely avoiding taxes, in line with stories. 

McAfee has been a controversial determine within the tech world for a while. He has overtly criticized U.S. authorities’ tax-collecting strategies and in 2018 said he would “rip the SEC a brand new asshole.”





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