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Popular Crypto Analysts John McAfee Facing $100 million Law Suit

Olowo by Olowo - 11:49 AM Sep 08, 2019
Popular Crypto Analysts John McAfee Facing $100 million Law Suit

Initial Offering Coin (ICO) are truly revolutionary instruments. Thanks to them, companies that would never have been able to take off through traditional financing methods such as Initial Public Oferring (IPO), manage to collect the necessary capital to start their projects. However, sometimes these projects can be a bit extravagant which is the case of the South China Zombie Center. The group appeared on Twitter on August 15 with the promise that they could train Zombies to accept cryptocurrencies instead of brains, thus stopping a potential Zombie apocalypse. To that end, the group  hired John McAfee, the famous billionaire anti-virus tycoon, whose life made headlines around the world after being jailed for a few days in the Dominican Republic, due to illegal possession of weapons of war on his private yacht. McAfee was commissioned by the center for the promotion of CZ coin, as well as writing of the “white paper". A situation which McAfee has took advantage of to make fun of the cryptocurrency with his typical humor on Twitter https://twitter.com/officialmcafee/status/1165933096358830085?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1165933096358830085&ref_url=https%3A%2F%2Fcriptotendencia.com%2F2019%2F09%2F07%2Fmcafee-amenazado-por-grupo-investigador-de-zombies%2F However, the controversy would not have erupted until McAfee published, on September 4, the first draft of the White Paper he is writing, in which he makes clear what his position on the new cryptocurrency is. « I was also promised an amazing percentage of coins. The cash amount paid to me in advance was $4.5 million. In addition, I sued and received 20% of the total coin issue >> Even if someone pointed me in the head with a gun, I couldn't create a more positive statement that: DON'T INVEST IN THIS GARBAGE CURRENCY! Under no circumstances, at any time, and for no reason . Immediately the South China Zombie Research Center responded by claiming to be victims of a scam by McAfee, and announced that they would sue him for $ 100 million for damages against their image and work. https://twitter.com/china_zombie/status/1169585507094994945?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1169585507094994945&ref_url=https%3A%2F%2Fcriptotendencia.com%2F2019%2F09%2F07%2Fmcafee-amenazado-por-grupo-investigador-de-zombies%2F Faced with this threat McAfee responded with a tweet in which he commented that everything had been a misunderstanding and that his first draft was only a preliminary version of what will finally appear on the white paper. https://twitter.com/china_zombie/status/1169578853246865409?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1169580858518495233&ref_url=https%3A%2F%2Fcriptotendencia.com%2F2019%2F09%2F07%2Fmcafee-amenazado-por-grupo-investigador-de-zombies%2F Although this situation is totally absurd, and probably the product of some kind of joke with McAfee in the lead, it is interesting to review it as a reminder of something that may not always be very present in the crypto world Not everything that implies cryptocurrencies is positive In some cases there are scams behind the promises that are made, so we must carefully analyze which project to put our trust and money.

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