💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

John McAfee Goes After HitBTC, Retweets Other McAfee Account

Published 06/29/2018, 01:22 PM
Updated 06/29/2018, 02:00 PM
 John McAfee Goes After HitBTC, Retweets Other McAfee Account

The ever-famous McAfee is at it again, but this time he isn’t promoting an ICO or his unhackable wallet. Instead, he decided to go on a crusade against the sixth-largest exchange by volume, HitBTC.

https://twitter.com/officialmcafee/status/1012330185872564224

Calling for a boycott of an exchange with a heavy accusation is nothing new, but we spotted some peculiar behavior following this. About 12 hours ago, McAfee retweeted something from an account called “McAfeeExecutive,” apparently belonging to Jimmy Watson, the executive advisor for the McAfee Crypto Team.

https://twitter.com/officialmcafee/status/1012556054109065216

In this particular tweet, Watson called HitBTC a scam, but added that their corporate team called and fixed his problem.

Perhaps this is the reason why John McAfee had such a focus on the exchange recently? From the looks of it, it appears that a member of the team had a problem withdrawing his funds from the exchange, which set off an alarm that snowballed up the chain.

Here’s something interesting, though: McAfee’s tweet led us to look into complaints about HitBTC in his replies and around Reddit. It seems like having withdrawals stuck is a common problem with the exchange.

To be fair, one shouldn’t judge a company by the complaints it gets, but in this case, the list is quite long. There are users complaining about their funds being withheld since December.

This is nothing new for the exchange, as complaints like these have been appearing since 2015. The issue may have even prompted HitBTC to stop doing its activities in Japan, a country that has significantly raised its standards for exchanges ever since the hack of Coincheck.

McAfee’s tweets seem to have had a negligible effect on the exchange, however, as HitBTC is ranked four places higher than it was three days ago.


This article appeared first on Cryptovest

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.