John McAfee, creator of “McAfee virus,” was in the news after a news media outlet falsely accused him of a “pump and dump” scheme with the privacy coin, Apollo. However, the outlet later retracted the accusation, offering McAfee an apology.

John McAfee announced the same on Twitter,

“Got a public apology from CCN for saying that I pump and dump coins. Blatantly false and akin to something my brain dead trolls would say. They will come at this post with a vengeance – “But you ARE a fu%$ng Pump and Dump villain” LMFAO. It will be fun.”

The article published by CCN titled, “Warning: This John McAfee-Pumped Cryptocurrency Has Major Red Flags,” had incorrectly characterized technical aspects about the cryptocurrency’s protocol, namely its privacy features. The reason for the incorrect characterization was due to an outdated research article by the crypto-research group, Jelurida.

Apollo’s team called out CCN, claiming that the technical information cited was outdated and that the privacy coin was updated thereafter. The outlet was later forced to update the piece, while issuing a public apology to the Apollo project and John McAfee.

McAfee had previously revealed that he charges $105,000 for each tweet he sends out promoting digital coins or initial coin offerings (ICO). Last week, McAfee tweeted that his team had written a guide on how his promotional tweets worked, sharing it with the McAfee Crypto Team, an organization put together to promote ICOs.

The Verge reported on the same, stating,

“Extrapolating from a Twitter poll conducted by McAfee himself, McAfee Crypto Team claims, among other statistics, that 259,000 of McAfee’s Twitter followers “have more than 50% of their total assets in cryptocurrencies,” and that 224,000 of his followers represent, “at a minimum, $4.48 billion in crypto investment.”

A Twitter user, @blockchainry, commented,

“I still remember the #reddcoin “recommendation”. What was the term… “sleeping giant?”

McAfee replied, tweeting,

“You win the “first troll comment prize”

The post John McAfee gets formal apology after being falsely accused of pumping and dumping privacy coin appeared first on AMBCrypto.

181 +