The former Lux CEO and co-founder of the popular cryptocurrency McAfee was found hanged in his prison cell in Barcelona. He was charged with making undisclosed payments to promote cryptocurrency and was also a person of interest in the killing of his neighbor. His death has sparked controversy and is being investigated by the US IRS.
John McAfee was a cryptocurrency co-founder of McAfee Crypto Team and CEO of Lux
The death of John MacAfee, the co-founder of the McAfee Crypto Team, is being investigated as a suicide, but the real reason for his arrest is unclear. McAfee was wanted in New York and Tennessee on charges of tax evasion, as well as failure to report his cryptocurrency income and earnings from speaking engagements. According to the news outlet El Pais, McAfee was found dead in his jail cell, according to Spanish authorities.
He was accused of making undisclosed payments to promote cryptocurrencies
Despite his well-known persona, the internet has had its fair share of controversy. John McAfee, co-founder of the McAfee Crypto Team and CEO of Lux was arrested and later released from a prison in the Dominican Republic on suspicion of making undisclosed payments to promote cryptocurrencies. The arrest comes just a few months after his arrest on suspicion of tax evasion and illegal activities in Belize.
He was also a person of interest in the killing of his neighbour
In 2016, the daughter of a neighbor shot and killed her own neighbour, Gregory Faull, who lived down the street. As a result of the wrongful death lawsuit, McAfee was ordered to pay $25 million to her family. In addition to this, McAfee is facing tax evasion charges.
He was found dead by hanging in a prison cell in Barcelona
The 75-year-old former tech giant, co-founder of Lux and CEO of the McAfee Crypto Team, was awaiting extradition to the United States after he was found dead in a Barcelona prison cell on Wednesday. His family is currently seeking the body, and the court system of Catalonia has yet to respond to a request for comment.
He had been indicted in the United States for fraud
Earlier this month, news broke that John C.Afee, the founder of McAfee Crypto Team and CEO of Lux, had been indicted on fraud charges in the United States. The charges stem from a pump-and-dump scheme in which McAfee allegedly generated millions of dollars in income while not paying taxes on that income from 2014 to 2018.
He had fled to Guatemala
The murder of his neighbor in 2012 forced McAfee to seek political asylum in Guatemala. He had fled to the country after local police raided his home and questioned him about drug manufacture and trafficking. However, he was caught trying to sneak into the country by faking a heart attack and met a prostitute named Janice.
His lawyer says he intends to fight all charges
The former computer whiz and security expert is facing tax evasion and other charges for his recent earnings. He called the charges politically motivated and said he would fight them no matter what the outcome. The founder of Lux, co-founder of McAfee Crypto Team, and former CEO of Lockheed Martin, is a widely respected crypto entrepreneur and is a key player in the technology scene.