John McAfee Launches Campaign Against Crypto Exchange HitBTC

John McAfee Launches Campaign Against Crypto Exchange HitBTC

Francisco Memoria
  • Cybersecurity pioneer John McAfee seemingly launched a campaign against crypto exchange HitBTC
  • This as one of his team members seemingly saw his account get frozen by the exchange.

Eccentric cybersecurity pioneer John McAfee has seemingly launched a social media campaign against popular cryptocurrency exchange HitBTC, as it argued the company isn’t aligned with the community’s interests and isn’t “truly interested in helping the poor.”

Through various tweets, John McAfee declared war on HitBTC and started tweeting against the cryptocurrency exchange to his over 845,000 followers. His initial point was somewhat broad but called for a boycott on the exchange as it “has increased suffering for millions of poor people.”

In subsequent tweets John McAfee added that the exchange is “the worst,” and that the community needs to band together to “take down” centralized cryptocurrency exchanges. Per TokenPay, a crypto project, HitBTC is currently charging over $500,000 to list a coin on its platform.

During his attacks McAfee noted that he will be the cryptocurrency exchange’s worst enemy, until it proves its set on helping poor people and, apparently, help improve access to “the only free healthcare in the world.”

Research on the cryptocurrency exchange shows that it’s clearly controversial in the community, as various users complain they aren’t being able to access their funds or their accounts. Some complaints date as far back as December.

As CryptoGlobe covered, the company is currently facing legal action from Karma Group, as it allegedly received 527 ETH, at press time worth over $233,000, for various services, including listing the project’s token. Per Karma Group, HitBTC didn’t go forward with its part of the agreement.

McAfee’s campaign against the exchange, however, seems to have been launched because one of the McAfee Crypto Team’s members, Jimmy Watson, using a Twitter handle called “McAfeeExecutive,” saw his account get frozen by the exchange.

According to Watson, the exchange’s team reportedly called him to solve the problem. The move was seemingly not good enough, as he still labelled HitBTC “an unbelievable step backwards for the crypto community.”

McAfee, who recently “got real” about bitcoin’s price decline, is a well-known bitcoin bull. He recently partnered with Bitfi to launch what he called a “truly unhackable” cryptocurrency hardware wallet, which allegedly sold out hours after going on sale.

HitBTC itself has recently barred Japanese users from using its platform, as a response to requirements brought forth by the country’s financial regulator. HitBTC plans on launching a licensed subsidiary in Japan in Q3 this year.