John David McAfee, the founder of the antivirus software company that bears his name and a crypto money entrepreneur, drew attention with his life story that could be the subject of movies. Surprised by his death, McAfee committed suicide in prison in Barcelona on June 23, after the Spanish court said he could be extradited to the United States on tax evasion charges.
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So who is McAfee? Why has it become such an important name? We have prepared an explanatory article for everyone who has just entered the world of crypto money.
Born on September 15, 1945, to an American father and a British mother serving at a US military base, John David McAfee moved to Virginia with his family after a while. During his childhood, he had a hard time due to his father’s alcohol addiction. When McAfee was 15, his father committed suicide. This made his life even more difficult. After his father died, he went to Roanoke College to continue his education. Intelligent and sociable, McAfee began selling magazines and making money that way.
McAfee, who started working for a company coding punch card systems in the late 1960s, taught him the basics of the early programming language and landed a job with the Missiouri Pacific Railroad. Here he used the new IBM computer system. McAfee started using drugs while working at this company. McAfee traveled to Silicon Valley in the ’70s, where he worked for several technology companies, including NASA’s Space Research Institute. In these years, alcohol and drug addiction increased gradually.
McAfee was working at Lockheed in the early 1980s. McAfee, meanwhile, studied malware and decided to set up his own company. McAfee started his own company to create and distribute the antivirus products McAfee Associates. By the end of the 80’s the company had become quite popular. The company was making about $5 million in annual revenue. With the emergence of the Migelangelo virus, the increasing interest of people in antivirus programs made the struggle even more popular.
McAfee later resigned from the company in 1994. Two years later, he sold his shares in the company and earned $100 million in revenue. McAfee worked on his own projects after his resignation, giving advice to young entrepreneurs. Finally, he entered the crypto money industry.
John Mcafee and Cryptocurrency Industry
McAfee claimed that he knew the identity of Satoshi, the founder of Bitcoin. McAfee also became quite famous among the cryptocurrency community when he promoted ICO offers on social media in 2017. McAfee, who was closely interested in cryptocurrencies in this process, announced that he would develop his own privacy-oriented cryptocurrency.
On April 11, 2020, McAfee announced that it had started developing a privacy-focused cryptocurrency called Ghost, which uses the Proof-of-Stake algorithm. However, shortly after the project came to life, John McAfee announced that he was leaving the project. McAfee was arrested in Spain on October 6, 2020, for allegedly making misleading advertisements of ICO offers on social media.
McAfee allegedly failed to disclose revenue from the cryptocurrency, and the US Securities and Exchange Commission accused him of hiding more than $23 million in cryptocurrency revenue.
Although it was a controversial name, it was quite popular among the cryptocurrency community. McAfee tweeted that he would not kill himself in 2019 and had a tattoo related to it. For this reason, it is even thought that the famous name was killed.