Prominent cybersecurity expert John McAfee said pressure from the U.S. Securities and Exchange Commission made him step away from promoting initial coin offerings (ICOs). The cryptocurrency endorser didn’t elaborate on the matter but simply said he will no longer promote ICOs following the threats coming from the SEC, Cointelegraph reported.
McAfee revealed a few months ago that his fee for endorsing an ICO or any cryptocurrency or related products is $105,000 per tweet. The cybersecurity expert boasts more than 800,000 followers on Twitter.
He explained that if you divide the amount that he charges by the number of people that a promotional message will be exposed to, companies are potentially paying a mere $0.13 per investor reach. “Obviously, people feel that it is worth it,” McAfee tweeted. “Statistically, each tweet averages over $3 million in revenue for my clients – a 600% return,” he claimed.
Lately, McAfee has been criticizing the SEC for putting up regulations that are allegedly suffocating the crypto market. SEC Chairman Jay Clayton recently had an interview with CNBC explaining what constitutes a security and what doesn't.
"A token, a digital asset, where I give you my money and you go off and make a venture, and in return for giving you my money I say 'you can get a return' that is a security and we regulate that," Clayton explained. "We regulate the offering of that security and regulate the trading of that security."
Clayton went on to say that he considers most ICOs operating in the crypto space today to be securities. McAfee responded to the categorization by challenging Clayton to a debate, posting a phone number on Twitter that is supposedly owned by Clayton himself.
Moreover, the cybersecurity expert said that he is going to create an ICO alternative that the SEC will not be able to touch. Details on this claim remain undisclosed, with McAfee merely ending the tweet by telling his followers to “please have patience.”


SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies
SoftBank and Intel Partner to Develop Next-Generation Memory Chips for AI Data Centers
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate
SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Nvidia Confirms Major OpenAI Investment Amid AI Funding Race
Instagram Outage Disrupts Thousands of U.S. Users
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure
Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand 



