Connect with us

The Online Technology

Crypto-Troll John McAfee Claims HitBTC ‘Killed People,’ Calls for Boycott


Crypto Currency

Crypto-Troll John McAfee Claims HitBTC ‘Killed People,’ Calls for Boycott

Cybersecurity pioneer-turned-crypto-troll John McAfee is at it again, and this time he’s setting his sights on HitBTC, one of the world’s largest cryptocurrency exchanges. McAfee began his war on HitBTC last week, when, without clear provocation, he called for a boycott on the Hong Kong-based exchange, which has more than $270 million in daily trading
The post Crypto-Troll John McAfee Claims HitBTC ‘Killed People,’ Calls for Boycott appeared first on CCN


john mcafee

Advertisement

Cybersecurity pioneer-turned-crypto-troll John McAfee is at it again, and this time he’s setting his sights on HitBTC, one of the world’s largest cryptocurrency exchanges.

McAfee began his war on HitBTC last week, when, without clear provocation, he called for a boycott on the Hong Kong-based exchange, which has more than $270 million in daily trading volume.

“The crypto exchanges have become the thing that we have originally fought against. Their power is immense. Hitbtc, for example, has increased suffering for millions of poor people who cannot afford the minimum buy-in since it is greater than their monthly income,” he tweeted. “Boycott them.”

McAfee seems to be referring to the withdrawal fees that HitBTC, like virtually all other exchanges, charge when customers remove assets from the platform, though his tweets are tellingly vague about the precise nature of his grievance.

The provocateur, who claims to have recently been the victim of a failed assassination attempt, continued his verbal assault throughout the weekend, vowing to be HitBTC’s “worst enemy” until the company takes unspecified steps to address the unspecified issue.

hitbtc
John McAfee claims that HitBTC’s withdrawal fees have “killed people.”

On Saturday, HitBTC issued a formal response to McAfee, thanking him — perhaps cheekily — for taking the “discourse to another level” and explaining the company’s policy on calculating withdrawal fees. The exchange further invited him to convey his advice on how to implement an “algorithmic solution” that would render its withdrawal fees less subject to the price volatility of the associated assets.

Real Life. Real News. Real Voices

Help us tell more of the stories that matter

Become a founding member

“Thank you for being the voice of the crypto community!, the note concluded. “We share your values!”

McAfee, it seems, disagreed, as evidenced by his reply:

“Your algorithm killed an unknown number of people. You tell me what algorithm recompenses these deaths. You have unjustly subgected Docademic [sic]. Tell me sir what do you owe to them? Docademic deserves your highest priority to make things just for your past offenses.”

While it’s possible that McAfee — who until recently charged $105,000 per tweet to promote initial coin offerings (ICO) — is truly concerned about the plight of HitBTC’s less-fortunate customers, the saga appears to be a dramatic ploy to plug Docademic, an ICO token referenced throughout his tweetstorm.

Despite claiming that he would no longer promote ICOs due to pressure from U.S. regulators, McAfee has been shilling this token on his Twitter account for several weeks, even claiming that it could hit $10 per unit by next year, up from a present value of $0.25. It’s not clear whether Docademic is paying McAfee for these tweets, but he has said on Twitter that he has invested in the project’s token.

Featured Image from YouTube/John McAfee

Follow us on Telegram or subscribe to our newsletter here.
Join CCN's crypto community for $9.99 per month, click here.
Want exclusive analysis and crypto insights from Hacked.com? Click here.
Open Positions at CCN: Full Time and Part Time Journalists Wanted.
Advertisement
Read more

Subscribe to the newsletter news

We hate SPAM and promise to keep your email address safe

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

To Top