SEC Fines John McAfee’s Associate $375K in Penalties for ICO Promotions

SEC Fines John McAfee’s Associate $375K in Penalties for ICO Promotions


Bitcoin.com
2022-07-16 20:00:37

According to a Securities and Exchange Commission (SEC) judgment, Jimmy Gale Watson, a former associate of the now deceased John McAfee, has been fined for being paid to promote pump and dump-fashioned initial coin offerings (ICOs). The SEC has ruled that Watson must pay roughly $375K in penalties and he’s not allowed to participate in […]