The U.S. Securities and Exchange Commission (SEC) has won a federal lawsuit against Jimmy Gail Watson Jr., former assistant to entrepreneur John McAfee. Reported by The Block.

In the lawsuit that began in October 2020 at the initiative of the SEC, Gail Watson Jr. was the second defendant. The court banned him from selling or advertising digital assets and ordered him to pay more than $375,000.

Gail Watson Jr. helped her boss promote Twitter’s initial coin offering, not saying she was paid for it.

The SEC claimed that McAfee had advertised the sale of at least seven tokens selling “digital securities” for more than $23.1 million. According to the plaintiff, the entrepreneur’s statements misled the investors.

In a separate complaint, the US Department of Justice accused him of tax evasion. McAfee, who was arrested in Spain, made the authorities’ claims “bloated” and politically motivated.

Recall that in June 2021, the Supreme Court of Spain authorized the extradition of McAfee to the United States. She was found dead in a prison cell a few hours later.

The entrepreneur’s widow, Janice McAfee, questioned her version of her suicide and said the court’s decision was not unexpected for John. According to him, she was ready for more challenges.

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