Saturday, March 5, 2022

In Civil Case Against McAfee SEC Cited Death, Watson Said Suicide Now Deferred Prosecution

 

By Matthew Russell Lee, Patreon
BBC - Guardian UK - Honduras - ESPN

SDNY COURTHOUSE,  March 4 – The SEC sued John David McAfee and Jimmy Gale Watson for digital assets fraud. Then McAfee was found dead in a jail in Spain, after a decision to extradite him to the US for a related criminal case.

On July 16, 2021 U.S. District Court for the Southern District of New York Judge John G. Koeltl held a proceeding in the civil case. Inner City Press covered it, below.

On March 4, 2022, quietly, Jimmy Gale Watson got a deferred prosecution agreement, with "six month term" noted.

The criminal case is US v. McAfee, et al., 21-cr-138 (Schofield / Parker)

 Back on July 16, 2021, the SEC lawyer, the same one in Ripple and Telegram before it, said that there are "press reports" of McAfee's death but that the SEC was trying confirm he is dead.

The defense lawyer said suicide, and extradition.

The case is Securities and Exchange Commission v. McAfee et al., 20-cv-8281 (Koeltl)

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