Team McAfee Offers Reward to Followers For Any Embezzlement and Theft Information

Team McAfee Offers Reward To Consumers With Any Information Regarding Potential Embezzlement And Theft

Most investors in the cryptocurrency industry are familiar with the constant string of lawsuits against false ICOs and companies that have not followed through with their promises. There have even been individual cases for the loss of cryptocurrency during trading. However, McAfee’s recent loss has caused them to reach out for help in finding the thief of millions of different tokens in their company.

Rather than going through their official website or social media, Jimmy Watson, the CEO of McAfee, made a guest post on the website called The Merkle. His post is more of a plea for help, as he unravels a story of potential embezzlement for readers to understand. He starts off by describing the role of Luke Jenkins, who has been a part of the company for at least a year, and who is in change of all tokens or payments that come to the team and founder John McAfee. Each and every transaction is meant to be documented and were the result of collecting marketing and consulting fees.

He goes on to explain that that Jenkins

“has received tens of millions of tokens to include different cryptocurrencies methods of payment such as ether and bitcoin. The holdings Luke Jenkins is responsible for and refuses to give back is valued fifty to one hundred million dollars (depending on current market value). Our team keeps meticulous accounting for each token; however, millions of dollars may have been embezzled and tens of millions of dollars in tokens have been outright stolen.”

Every statement is meticulously logged with the company, involving sworn statements, email correspondence, accounting files, smart contracts, and even the use of blockchain. Though he does not release all of the missing cryptocurrency, he provides this short list of some of the losses to provide validity to his accusations:

  • 3 Million Eristica Missing
  • 200 million CryptoSecure is missing.
  • 45 million Skraps sent to exchange and one other.
  • 935,520 MTC was sent to exchange (some sold).
  • Millions of Docademic have been laundered
  • 999,980 Sether was sent to HITBTC
  • 8,490 BTCP was sent to HITBTC
  • 12,599,908 Bez was sent to HITBTC

Along with this evidence of receipt, Watson also cites eye-witnessed accounts of the transactions occurring, so it is clear that there is no way to dispute that these payments were in their possession.

Every amount is presently being accounted for, and he notes that this message has been sent out to “legal departments, token creators, products, investors and the CEO of each exchange in the crypto sphere.” He even says there are

“hundreds of individuals” that have been the victim of these thefts and have contacted him through the official website. So far, he has personally received complaints about HITBTC, TopBTC, and Yobit. He even boldly said, ”Exchanges BE warned, that we will no longer put up with your greed and theft that will truly destroy all we have worked for as a community.”

Presently, the company seems to be working to examine 30 different crypto addresses, including two team members and one person who “claims he is a lawyer who we now know is not.” He continues saying,

“They have chosen poorly and thought they could get away with embezzling funds and sending it to and from HITBTC as a way to launder money in cryptocurrency.”

However, this message does not appear to be all bad, even though it seems very threatening. Watson warns the exchanges that there have been honest exchanges and partnerships that have come forward with information that supports the idea that Jenkins, along with two others, planned this theft. He reiterates, at that point in the letter, that they have already requested that Jenkins returns the funds, offering him “many opportunities to do the right thing.” He also notes that the “respectful” approaches are documented, which is probably to allow them to take him to court, if he truly embezzled the funds. He even exposes that Jenkins has a parole officer that knows about these accusations.

As the letter draws to a close, the threats for legal action do not cease. Watson warns potential beneficiaries or buyers of the funds as well, saying “Any exchange, wallet, person or entity, who receives John McAfee’s tokens or funds and does not immediately return them or block Luke Jenkins and accomplices will be held accountable for excepting stolen funds. We have a responsibility to the crypto community to inform them of fraudulent activity as seen when HITBTC Exchange decided to embezzle and extort. This type of fraudulent activity and outright theft hurts our community in ways that are incalculable and I pray we work together in hopes of stopping this epidemic within our ranks.”

Watson encourages readers of his message to come forth with information within the next 24 hours and urges them to check with the team’s roster on the McAfee website to ensure they speak to the right person. The current list of team members is exclusively posted at

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