Bitcoin bull John McAfee wants to resolve his dispute with the South China Zombie Research Centre over their "zombie ICO" partnership. China Zombie threatened to file a $100 million lawsuit against McAfee. In an angry tweetstorm, China Zombie claims McAfee trashed them in a white…
Bitcoin bull John McAfee wants to resolve his dispute with the South China Zombie Research Centre over their “zombie ICO” partnership.
China Zombie threatened to file a $100 million lawsuit against McAfee. In an angry tweetstorm, China Zombie claims McAfee trashed them in a white paper they had hired him to write to promote their ICO.
McAfee claims he was paid $4.5 million upfront to shill the zombie cryptocurrency.
McAfee told CCN today (Sept. 6) that this is a huge misunderstanding. He insists that he’s not trivializing China Zombie’s research.
To the contrary, McAfee told CCN that “it is a serious company with serious goals.”
Moreover, he says he regrets “this misunderstanding and hopes this issue can be resolved.”
As CCN reported last month, McAfee accepted an advisory position with China Zombie to promote their CZ Coin ($CZ).
Basically, China Zombie insists that zombies are real and can be taught to use cryptocurrencies.
McAfee claimed that he was genuinely fascinated by China Zombie’s research.
McAfee explained that a zombie cryptocurrency is necessary because you might encounter one and will need to bribe them to not eat your brains.
“If a zombie attacks you…you give the zombie a bunch of coins and it eats your neighbor instead of you,” he reasoned.
The partnership quickly soured after McAfee mocked China Zombie in the white paper they reportedly paid him $4.5 million to write.
In a scathing disclaimer, McAfee slammed the concept, calling it the “most absurd concept in the history of crypto.”
He even warned readers “do not invest in this sh**coin!!”
It’s understandable that China Zombie would be furious that its own spokesman would urge investors to avoid its product at all costs.
However, John McAfee has since backpedaled. He told CCN that China Zombie misunderstood the intent of his preliminary white paper.
McAfee explained that he was “making fun of the SEC’s ludicrous involvement in cryptocurrencies by writing the only Disclaimer Section that could possibly meet their requirements.”
McAfee further claims that he never meant to disparage China Zombie. In fact, he praised them for doing “profound research into chemically-induced Zombieism.”
Moreover, McAfee claims their research has “uncovered bad actors in multiple countries who are attempting to use advanced research chemicals to potentially destabilize entire cultures.”
It could be that all of this is just a big joke that John McAfee is playing on everyone. He has trolled the crypto-sphere before. Either way, he’s living life and having fun.
Oh, and McAfee is still running for U.S. president. Even though he says the government has “become an asylum for the criminally insane.” So the zombies are already here.
Last modified: January 10, 2020 2:57 PM UTC