On April 11, McAfee tweeted that Ghost will be underpinned by a Proof-of-Stake algorithm, and will be tradable against leading cryptocurrencies via atomic swaps on the McAfeeDex decentralized exchange.
“With a DEX/privacy coin combo we now have full control of our finances!” he said.
Ghost privacy coin comprises McAfee’s latest crypto stunt
He also cited an ad-hoc study conducted by Vice which found that his promotional tweets drove short-term price gains of between 50% and 350%.
In August 2019, McAfee was embroiled in an obscure dispute with South China Zombie Research Centre (SCZRC), the developers behind Zombie Coin — a gimmicky initial coin offering that paid McAfee $4.5 million to draft its whitepaper and promote its ICO.
After paying McAfee upfront, he u-turned on the project and declared it to be a “shitcoin,” prompting the SCZRC to threaten him with a $100 million lawsuit.
McAfee launches Jeffrey Epstein-themed ERC-20
The last crypto-asset launched by Mcafee was an ERC-20 token dubbed “Epstein Did Not Kill Himself” under the ticker WHACKD.
The token appears to be exclusively trading on McAfee’s decentralized exchange, however, it has next to zero liquidity — with the current order spread ranging from 3 satoshis on the buy-side and 12 satoshis on the sell-side.
Just two transactions appear to have been processed by the WHACKD network in the past 24 hours.