[neilv]

> McAfee and Watson allegedly engaged in a scheme to exploit the “broad reach” of McAfee’s Twitter account by buying cryptocurrency assets, concealing a plan to liquidate them and then selling most quickly after his endorsements boosted prices, the CFTC said in a court document filed on Friday.

Hopefully this enforcement action will put a damper on some of the many apparent investment schemes around cryptocurrencies. At least ones within reach of US regulators.