Antivirus pioneer John McAfee said Dogecoin (DOGE) was part of a new indictment against him by the US Department of Justice. In a tweet on Sunday, McAfee pointed out that DOGE was one of many cryptocurrencies that were approved as part of his “current currency” tweets about four years ago. “For a few days in 2017, I chose the currencies I considered valuable,” McAfee said of the choice of cryptocurrency.
The well-known businessman noted that the price of Dogecoin has risen 1000% since the “pick”, which indicated that DOGE tweets should not be included in the Ministry of Justice’s latest “pump and dump” commission. McAfee also confirmed that Dogecoin has been “on track for years” by Tesla CEO Elon Musk.
McAfee apparently referred to his 2018 tweet, which contained a brief statement: “Currency of the week: DOGE.” According to CoinGecko, DOGE traded on the day this tweet was published on January 8, 2018 at around $ 0.014 and then dropped to $ 0.007 in two weeks. The coin did not test the $ 0.014 price tag until Dogecoin began to accumulate strongly in late 2020 after Musk’s tweets.
Dogecoin was just one of the cryptocurrencies that McAfee promoted on Twitter in late 2017 and early 2018, along with coins like Electroneum (ETN), Burst (BURST), Digibyte (DGB), Reddcoin (RDD), Humaniq (HMQ) and Factom (FCT). ) other. As previously mentioned in the Cointelegraph, McAfee even announced the presence of an entire team promoting ICO and other crypto projects on its official Twitter page, posting a campaign tweet worth $ 105,000.
McAfee was already in custody for tax evasion, and was subjected to new allegations of fraud by the Department of Justice on March 5, 2021. The organizer wrote in a new lawsuit: “The defendants allegedly used the McAfee Twitter account to send messages to hundreds of thousands of people. the members. From encrypted currencies to false and misleading data, to hide their true self-interest. ”
As previously reported, Tesla CEO Musk has been the subject of rumors of a possible US Securities and Exchange Commission investigation into its alleged impact on DOGE price movements in late 2020 and early 2021. Following a series of DOGE-related tweets for Musk, han. The Dogecoin price rose sharply in a parabola in February, reaching a full-time high of around $ 0.08 on February 8. Then there was a big sale on DOGE after Musk encouraged large shareholders to sell their assets.