John McAfee promotes alleged scam token B2G, also linked with Steven Seagal

21 Apr, 2019 | Updated: 22 Apr, 2019
by David Robb
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John McAfee promotes alleged scam token B2G, also linked with Steven Seagal

Crypto shill and presidential candidate John McAfee has been promoting another crypto project. Bitcoiin2G, also endorsed recently by B-movie legend Steven Seagal, has faced allegations of being a scam, according to CCN.

Bitcoiin2G (B2G), not to be confused with the original and still top-ranked cryptocurrency Bitcoin (we're sure the similarity is entirely unintentional) is apparently linked to a cloud mining exit scam, run by a group known as Dragon Mining. Shortly after B2G launched an ICO that was promoted by Seagal, the state of New Jersey cracked down on it, banning any promotion of the project due to suspicions of its connections with Dragon Mining.

Despite the company's links with genuine mining services such as Nicehash and Bitcoin.com, it was unclear whether any actual mining was happening, and if investors in Dragon Mining would be paid out as promised. 

B2G has been delisted by the HitBTC exchange due to having such a low hash rate that it was deemed to be a security risk.

The crypto saw some huge price spikes back in February, and McAfee has now pointed out that it has seen a 30 percent price increase in the last 30 days. It's not clear whether he is aware of the controversy surrounding the project, which currently has a total market cap of just over $16.2 million.

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