Topic: John McAfee is dead, are his coins lost? - page 2. (Read 737 times)
An awesome guy to make his early entry into the cryptomarket. Maybe if he had got all the holdings, now his venture will also be one among the list of companies with large volume of crypto holdings. In the meantime he got into more scam projects as well as promoted it. This is where he got into discussion, and once he also served as a reason for the increase in the usage of bitcoin and other cryptocurrencies. In a tweet he had stated, he hasn't got anything left with him as government has seized and remaining evaporated on different means.
How could a smart guy like McAfee ended like that, I couldn't buy that story, even his death was unclear, he has a wide range of network, and has many connections even in politics or government.
Then suddenly, appears, all of his investment was gone into thin air, to me, it was all orchestrated, all of his coins was secretively transferred to his family.
Then suddenly, appears, all of his investment was gone into thin air, to me, it was all orchestrated, all of his coins was secretively transferred to his family.
Anyways,
If that he is telling the truth (probably) then, we have nothing to worry about it.
He is gone together with his assets and now it belongs to the government. Well, the question is how the authorities manage those seized cryptos? Are they might spend it or give it to the poor people or in charity? I hope that will be happening.
In case of seized assets the government can hold or sell through an auction. Bulgaria for an example, was discovered to be a bitcoin whale holding more than 213,519 bitcoins. If other countries are smart they are also going to hold seized bitcoins just like Bulgaria did. This way they can invest in bitcoin without having to pass any law in the legislative house, what would take a lot of time and in many countries bribery for congressmen vote favourably. About McAfee, however, I don't know if they are going to find anything... Let's see soon.If that he is telling the truth (probably) then, we have nothing to worry about it.
He is gone together with his assets and now it belongs to the government. Well, the question is how the authorities manage those seized cryptos? Are they might spend it or give it to the poor people or in charity? I hope that will be happening.
Bulgarian government actually owns $3 billion USD in Bitcoin (Mar 24, 2021)
He claimed to have nothing else in his hands regards crypto. It's not possible to know, however, if he was telling the truth or just trying to keep his treasure safe from third party undesired attention. Anyway that is not an impossible mistery to be solved, because transactions can be tracked and if authorities investigate it carefully they will find a connection betweeen McAfee, his coins and its currently whereabouts.
Or maybe he was just saying the truth and there were no coins left, what I think might be the real history, since he was in financial difficulties, as it is well known due to living a life without rules or limits.
That will find more interesting as it possible that John had million of crypto assets held in his wallet. That seems impossible if he could tell it everything even to his family. Or maybe he was just saying the truth and there were no coins left, what I think might be the real history, since he was in financial difficulties, as it is well known due to living a life without rules or limits.
Anyways,
If that he is telling the truth (probably) then, we have nothing to worry about it.
He is gone together with his assets and now it belongs to the government. Well, the question is how the authorities manage those seized cryptos? Are they might spend it or give it to the poor people or in charity? I hope that will be happening.
John McAfee left his assets to none I guess. He never trust anyone, He never used the antivirus he made. He admitted it in some point. So I guess he never left that wealth also because of trust issue. His coin will be useless forever. Or if someone will discover all his secrets hidden in some vault, that includes all the keys that will lead an access to that. Just my opinion. 
Nope even if he does not trust anyone yet he has family and love ones that will benefits from all of His funds . and He planned to commit suicide( if the news is correct and he is not killed inside the prison) so by chance he also had plans for whom will take care of those assets.
Quote
But I find him as an awesome guy. He is cool.
Awesome because he is already dead , but in the past you are surely annoyed by His statements in this whole community . 
Maybe he did something so that his family can still access his coins even if the privacy was enhanced still government will look something into it.
Financial freedom is one of the main reason why we chose to invest and engage in cryptocurrency and I know that John still give importance to it.
His family are now the owner of his asset and it will become useless if McAfee didn't inform any of them.
Financial freedom is one of the main reason why we chose to invest and engage in cryptocurrency and I know that John still give importance to it.
His family are now the owner of his asset and it will become useless if McAfee didn't inform any of them.
His family can't own those assets. McAfee got almost all of his cryptocurrency stash from promoting ICO scams. The lawsuit is still ongoing. Those who were victimized during these scams need to be compensated. I don't know how many coins remain in his wallets, but I am sure that he still had millions of USD worth of cryptocurrency at the time of his death. The authorities should do the needful, so that these assets are distributed as compensation to those who were scammed by McAfee during the ICO boom of 2016-18.
The last info that we have regarding his riches is that it was seized or that it was gone due to some bad investments. I’m sure he still have some crypto in his stash, but even if the law enforcement finds it, they would not be able to access it at all. Perhaps consider it lost in the void just like any other stashes out there that have been lost due to forgotten passwords or drive failure.
Bitcoin is not like fiat, all he needed to have done is to let his family well acquainted with Bitcoin and other cryptocurrencies. If privacy was enhanced, there are a lot beyond the reach of the government which could possibly be easily accessed by his family, Bitcoin has importance in which giving freedom is part of the significance. Maybe he did something so that his family can still access his coins even if the privacy was enhanced still government will look something into it.
Financial freedom is one of the main reason why we chose to invest and engage in cryptocurrency and I know that John still give importance to it.
His family are now the owner of his asset and it will become useless if McAfee didn't inform any of them.
He claimed to have nothing else in his hands regards crypto. It's not possible to know, however, if he was telling the truth or just trying to keep his treasure safe from third party undesired attention. Anyway that is not an impossible mistery to be solved, because transactions can be tracked and if authorities investigate it carefully they will find a connection betweeen McAfee, his coins and its currently whereabouts.
Or maybe he was just saying the truth and there were no coins left, what I think might be the real history, since he was in financial difficulties, as it is well known due to living a life without rules or limits.
Or maybe he was just saying the truth and there were no coins left, what I think might be the real history, since he was in financial difficulties, as it is well known due to living a life without rules or limits.
The last info that we have regarding his riches is that it was seized or that it was gone due to some bad investments. I’m sure he still have some crypto in his stash, but even if the law enforcement finds it, they would not be able to access it at all. Perhaps consider it lost in the void just like any other stashes out there that have been lost due to forgotten passwords or drive failure.
I have a feeling that John burned through all his riches, lost them to a variety of extravagant schemes or had them seized from him by different jurisdictions or criminals. I very much doubt he would have fled South America, because even if he just had a few hundred thousand left he could have found some decent places to continue his hideaway strategy. After all the persecution (rightly or wrongly deserved) he faced from the US government, I expect they would have closed down most convenient ways of hiding any money he had left - even in the form of Bitcoin wallets which would have likely been stored online if he wanted to travel without losing a hardware based wallet.
John McAfee’s Death Complicates U.S. Efforts to Seize His Assets
https://www.bloomberg.com/news/articles/2021-06-29/mcafee-s-death-complicates-u-s-efforts-to-seize-his-assets
Does his family doesnt have the full rights for those riches he had made? He do still own those.
The last info that we have regarding his riches is that it was seized or that it was gone due to some bad investments. I’m sure he still have some crypto in his stash, but even if the law enforcement finds it, they would not be able to access it at all. Perhaps consider it lost in the void just like any other stashes out there that have been lost due to forgotten passwords or drive failure.
I have a feeling that John burned through all his riches, lost them to a variety of extravagant schemes or had them seized from him by different jurisdictions or criminals. I very much doubt he would have fled South America, because even if he just had a few hundred thousand left he could have found some decent places to continue his hideaway strategy. After all the persecution (rightly or wrongly deserved) he faced from the US government, I expect they would have closed down most convenient ways of hiding any money he had left - even in the form of Bitcoin wallets which would have likely been stored online if he wanted to travel without losing a hardware based wallet.
McAfee antivirus enterpreuter John McAfee already suicided in Spanish prison cell but his wallets may be reserved by his personal devices or notebook or his relatives. But if he didn't save it , it would be lost for ever.
McAfee was a angle investor who invested hugely in different ico and IEO but I wondered that if he decided to suicide but he must write his personal wallet securities to his relatives . But they gonna get any wallet security?This is why he had been known to be a clown on this market whenever he do shill out ICO or new projects and turns out to be a scam then that one really make out some problem or effects on his reputation.
When it comes to wallet then i dont know on what you mean about security.This is a matter if those coins he owned had been shared in terms of private keys or have some access
neither on his loved ones or friends but for sure it would be mainly on the family which is normal.
McAfee antivirus enterpreuter John McAfee already suicided in Spanish prison cell but his wallets may be reserved by his personal devices or notebook or his relatives. But if he didn't save it , it would be lost for ever.
McAfee was a angle investor who invested hugely in different ico and IEO but I wondered that if he decided to suicide but he must write his personal wallet securities to his relatives . But they gonna get any wallet security? 
McAfee antivirus enterpreuter John McAfee already suicided in Spanish prison cell but his wallets may be reserved by his personal devices or notebook or his relatives. But if he didn't save it , it would be lost for ever.
Did he really commit suicide or this is some kind of compulsion that happened, if in case that John McAfee suicide, his assets will be announced by his lawyer and his relatives who will have all the financial numbers and bitcoin, that is in the interest of the law but falls under the latter case, some coercive effects could become an opportunity to vaporize those numbers, maybe bitcoin was contributed to the general fund of the government. And for such an unknown amount of bitcoin, it will form a lot of strange fluctuations in the future That is great and if this is the case, those types of wallets with that option should be every investor's go-to wallet because of the inevitable. While most people have been having issues whether such wallet access information should be shared with loved ones, with this option that wouldn't be a problem knowing crypto assets won't be lost.
There is nothing like a risk-free option. For example, let's take an example. You opt for this option, and set your cousin's wallet address as the receiver if your wallet becomes inactive for more than 6 months. And after sometime, you simply forget that you have to login to this wallet. In such case, your funds will be automatically moved to your cousin's wallet address. Or let's take another example. You met with an accident and slips in to a coma for 6-7 months. In this case also, your coins will be transferred out of your wallet.
McAfee antivirus enterpreuter John McAfee already suicided in Spanish prison cell but his wallets may be reserved by his personal devices or notebook or his relatives. But if he didn't save it , it would be lost for ever.
Not sure if this has already been mentioned in this thread ... but John had a financial assistant a couple of years ago who had access to his wallets. I'm not sure about his bitcoin wallets, but as a primary source, I can reliably say that in 2017, during one unpleasant incident, McAfee stated not ambiguously that a third party had access to his altcoin wallets. By the way, despite the fact that during his lifetime he was a swindler and a liar ... RIP 🕯️.
I believe issues like this have been discussed in this thread before and it is no different with the Late John McAfee RIP. I believe he must have shared the necessary information with his wife at least or a trusted family/friend should in case something bad happens and I saw him as a smart person that will not allow that to happen and I hope he was able to do share that with is loved on cos if not, it is just another lost asset of cryptocurrencies.
It is not necessary that he need to provide the private keys to his spouse or some relative. Those who are having a few years of experience might have heard about "dead man's switch". Some of the wallets have this option. If the wallet is not logged in for a specific period set by the owner (6 months, 12 months or even 24 months), then after this duration the coins will be transferred to a "nominee wallet" which has been previously selected by the owner. So the spouse or the relative doesn't need any new information to access these coins. After a certain duration, they will receive the coins in their wallet.
I believe issues like this have been discussed in this thread before and it is no different with the Late John McAfee RIP. I believe he must have shared the necessary information with his wife at least or a trusted family/friend should in case something bad happens and I saw him as a smart person that will not allow that to happen and I hope he was able to do share that with is loved on cos if not, it is just another lost asset of cryptocurrencies.
It is not necessary that he need to provide the private keys to his spouse or some relative. Those who are having a few years of experience might have heard about "dead man's switch". Some of the wallets have this option. If the wallet is not logged in for a specific period set by the owner (6 months, 12 months or even 24 months), then after this duration the coins will be transferred to a "nominee wallet" which has been previously selected by the owner. So the spouse or the relative doesn't need any new information to access these coins. After a certain duration, they will receive the coins in their wallet.
Jhon McAfee has been one of the bigges figures involved in the crypto world and today he dies in Spanish Prison. I feel really bad for this news, rest in peace McAfee.
But someone has to ask it, what will happen with his cryptos, we can be sure he was holding a huge amount, so, let's keep an eye close to this topic.
We will always remember you as an awesome guy.
https://www.youtube.com/watch?v=bKgf5PaBzyg
But someone has to ask it, what will happen with his cryptos, we can be sure he was holding a huge amount, so, let's keep an eye close to this topic.
We will always remember you as an awesome guy.
https://www.youtube.com/watch?v=bKgf5PaBzyg
I believe issues like this have been discussed in this thread before and it is no different with the Late John McAfee RIP. I believe he must have shared the necessary information with his wife at least or a trusted family/friend should in case something bad happens and I saw him as a smart person that will not allow that to happen and I hope he was able to do share that with is loved on cos if not, it is just another lost asset of cryptocurrencies.
even though that person has therapy the coins must still be stored in each of their respective accounts.because they must have bequeathed to their children and given the key code or account to the heirs of all their
assets.therefore even though we have died the coins will still be there and will not be lost, unless we don't give it to our family, because of that we have to share the pin key with family or the closest people around us so that we don't keep the coins forever in our account even though he's gone later
assets.therefore even though we have died the coins will still be there and will not be lost, unless we don't give it to our family, because of that we have to share the pin key with family or the closest people around us so that we don't keep the coins forever in our account even though he's gone later
Jump to: