RATE Group | John McAfee slams the fines imposed on Floyd Mayweather and DJ Khaled over cryptocurrenc…
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John McAfee slams the fines imposed on Floyd Mayweather and DJ Khaled over cryptocurrenc…

06 Dec John McAfee slams the fines imposed on Floyd Mayweather and DJ Khaled over cryptocurrenc…

Posted at 08:10h in Cryptocurrency News by

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John McAfee has taken fresh aim at the SEC and its actions…

Controversial cryptocurrency advocate John McAfee has upped his war on words with the Securities and Exchange Commission (SEC) in the US.

This time, he’s zeroed in on the news that landed last week, that saw a pair of celebrity figures punished for their cryptocurrency endorsements.

Boxer Floyd Mayweather and music producer DJ Khaled were fined a total of just over $750,000 between them by the SEC, albeit without admitting or denying the charges that were put in front of them. The SEC had been investigating their backing of a firm called Centra Tech, and Tweets they both sent out backing the ICO that said company was running.

As well as the penalties, the pair have agreed not to promote securities of any form for the next two years in Khaled’s case, and three for Mayweather.

McAfee, earlier this week, had described the SEC as a “corrupt, puss filled, bile dripping abcess on the fabric of America”,…

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