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John McAfee’s widow launches memecoin, but some suspect a scam

John McAfee’s widow launches memecoin, but some suspect a scam

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Source: Coin Telegraph

Janice McAfee and Vine co-founder Rus Yusupov are the latest to ride in the memecoin wave, raising scam fears.

John McAfee’s widow, Janice Elizabeth McAfee, has allegedly launched a memecoin in her late husband’s honor as the memecoin frenzy, galvanized by US President Donald Trump’s weekend token launch, continues to grow.

McAfee announced the token launch through her late husband’s X account on Jan. 23, writing, “You didn’t think I’d miss this cycle, did you?” During his life, McAfee was an ardent supporter of cryptocurrency, particularly Bitcoin (BTC), and its ability to reduce state power over the financial system.

Initial reactions from the crypto community on X were positive, but later analysis revealed that 90% of the token’s 100 million supply had already been distributed to hundreds of different wallets, with just a small amount sent to two trading pools.

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Author: Christopher Tepedino