John McAfee Will Fight SEC ‘With Every Last Breath’

John McAfee, one of the most opinionated figures in the cryptocurrency community, has clashed with US Securities and Exchange Commission’s (SEC) chairman over the labeling of initial coin offering (ICO) tokens as securities. Speaking via his Twitter account, the tech activist and internet security expert vowed to fight the SEC’s pronouncement.
McAfee on the Warpath
John McAfee is usually not shy when expressing his views.
Ever since Securities and Exchange Commission (SEC) chairman Jay Clayton said that he considers most ICO tokens to be securities, McAfee has launched multiple tirades on social media.
Earlier in June, Clayton said in an interview that, except for digital currencies like Bitcoin, all other cryptocurrencies were securities. At an SEC public forum on June 14, Clayton reiterated the same position, stating:
Much of what I have seen in the ICO or token or ICO space, is a security offering. I don’t know how much [clearer] I can be about it.

“All ICOs are Securities”! .I will not now, nor will I ever, accept this as a reality. I am submitting, now, to this law, but I will fight with every last breath to ensure that this absurd overreach by …

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