WEBVTT - McAfee Part 4: The White House

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<v Speaker 1>In December twenty fifteen, there was a high profile shooting

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<v Speaker 1>in San Bernardino, California, that killed fourteen people and injured

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<v Speaker 1>twenty two others. Tonight, the nation grappling with what officials

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<v Speaker 1>now say may be the deadliest terror attack on our

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<v Speaker 1>homeland since nine eleven. The FBI was brought in to

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<v Speaker 1>investigate the shooting as a terrorist attack, and they asked

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<v Speaker 1>Apple to open up the shooter's iPhone. Apple is refusing

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<v Speaker 1>to follow a government order to hat the San Bernardino

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<v Speaker 1>shooters phone. The FBI believes important clues about accomplices and

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<v Speaker 1>more plots could be hidden on that phone, but Apple

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<v Speaker 1>says that complying with the government order could endanger everyone

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<v Speaker 1>with an iPhone. This conflict ignited a heated debate over

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<v Speaker 1>whether it was okay to sacrifice civil liberties for authorities

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<v Speaker 1>purporting to fight violent extremism. John McAfee saw an opportunity

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<v Speaker 1>and jumped into the fray. Here he is on Russia today.

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<v Speaker 1>The FBI needs to get us to act together and

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<v Speaker 1>tell the two saying, yeah, we need it because we

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<v Speaker 1>want to spy on Americans. Cool, let's talk about that,

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<v Speaker 1>but please don't try to deceive US by pretending we're idiots.

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<v Speaker 1>We aren't. At the time, McAfee had been back in

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<v Speaker 1>the US for more than two years after being deported

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<v Speaker 1>from Central America. He was active on Twitter and appearing

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<v Speaker 1>on television talk shows trying to reassert himself as a

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<v Speaker 1>cybersecurity authority. My colleague William Turton was covering the aftermath

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<v Speaker 1>of the San Bernardino shooting for a new site called

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<v Speaker 1>The Daily Dot. He says McAfee was inserting himself into

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<v Speaker 1>the story in a desperate attempt to get attention. He

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<v Speaker 1>lied about the fact that he had a method that

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<v Speaker 1>would allow the FBI access to the phone. So you know,

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<v Speaker 1>he was presenting himself as a savior for this scenario,

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<v Speaker 1>saying that, you know, Apple didn't have to comply with

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<v Speaker 1>the FBI and create this new standard, that actually he

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<v Speaker 1>had found a solution to this issue. William was confident

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<v Speaker 1>that McAfee was lying, but McAfee was adamant. He wrote

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<v Speaker 1>an op ed declaring he would eat his shoe on

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<v Speaker 1>the television show if he and a team of hackers

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<v Speaker 1>couldn't do it. William decides to call him out on

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<v Speaker 1>this claim, and he gets McAfee on the phone. But

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<v Speaker 1>I'm just curious as to why you did this, because

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<v Speaker 1>because by doing so, I knew that I would get

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<v Speaker 1>a shitload of public attention, which I did. That video

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<v Speaker 1>on my YouTube account you can check it has seven

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<v Speaker 1>hundred thousand views. McAfee's reaction surprised even William. It was.

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<v Speaker 1>It was actually kind of refreshing in a way for

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<v Speaker 1>someone to admit to their craven narcissism and not try

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<v Speaker 1>and spin it as something else. So my point to

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<v Speaker 1>bring to and listen to me, I'm answering a question.

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<v Speaker 1>My point is to bring to the American public the

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<v Speaker 1>problem that the FBI is trying to write the American public.

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<v Speaker 1>How am I going to do that by this raft

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<v Speaker 1>and saying it? Now, one's gonna listen to that crap,

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<v Speaker 1>So I confis something sensational. Now. What I did not

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<v Speaker 1>lie about was my ability to crack the iPhone. I

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<v Speaker 1>can do it. It's a piece of freaking cake. William

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<v Speaker 1>and McAfee go back and forth on the call. Eventually

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<v Speaker 1>he agrees to share with William how he would crack

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<v Speaker 1>the iPhone. McAfee tells William that he should try it

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<v Speaker 1>himself and if it works, that William should write about

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<v Speaker 1>it and give McAfee credit. Check it out if it doesn't.

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<v Speaker 1>If it doesn't play, say McAfee gave me a line

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<v Speaker 1>of gartmage. If it doesn't play, say McAfee told me

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<v Speaker 1>how to do it. Sure, but I'm confused as though

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<v Speaker 1>why you told me the whole method now and earlier

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<v Speaker 1>you wouldn't tell me the method. I must say kept

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<v Speaker 1>it off the recollect because I'm assuming that since you

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<v Speaker 1>kept on asking, you are not going to publish it.

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<v Speaker 1>If you know so, probably aren't that you aren't a liar,

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<v Speaker 1>not me. Nope, I never said that I wouldn't publish it.

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<v Speaker 1>I explicitly said that, well, our conversation. Our conversation is over,

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<v Speaker 1>and you need to look at yourself. You need to

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<v Speaker 1>look at yourself, all right, Thanks for time, miss McAfee.

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<v Speaker 1>William publishes his story. In the headline, he accuses McAfee

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<v Speaker 1>of lying quote to get a shitload of public attention.

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<v Speaker 1>He writes that McAfee's method isn't much of a secret

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<v Speaker 1>at all, and that there's a good chance it would

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<v Speaker 1>end up destroying the data they're trying to get. William

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<v Speaker 1>also uploads the recording of their entire phone call. McAfee

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<v Speaker 1>is even more furious. After I published this story, John

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<v Speaker 1>went on a week's long campaign to harass me and

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<v Speaker 1>my editors that included hacking my voicemail. I woke up

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<v Speaker 1>one morning and I had twenty missed calls from my

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<v Speaker 1>own cell phone number, and I had one new voicemail

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<v Speaker 1>and it was from John, and the voicemail was meant

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<v Speaker 1>to be extremely intimidating. His actually kind of made sense

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<v Speaker 1>because the story that I wrote was damaging to him.

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<v Speaker 1>It's extremely rare that I include the audio of an

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<v Speaker 1>interview in a story, but I did that because I

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<v Speaker 1>anticipated that, if not for that, he would lie about

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<v Speaker 1>the contents of the interview. I mean, the story of

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<v Speaker 1>I remember correctly went viral and was actually really damaging

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<v Speaker 1>to his credibility. He was not a fan of mine.

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<v Speaker 1>William felt that McAfee was a charlatan forcing his way

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<v Speaker 1>into the national conversation about a mass shooting. But McAfee

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<v Speaker 1>was right about one thing. At least, this move got

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<v Speaker 1>him a lot of attention. You're listening to Foundering, I'm

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<v Speaker 1>your host, Jamie Tara Bay. In twenty twelve, John McAfee

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<v Speaker 1>left Belize, where he was wanted for questioning in the

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<v Speaker 1>murder of his neighbor, Gregory Fall. He returned to the

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<v Speaker 1>US with a cloud of suspicion hanging over his head,

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<v Speaker 1>but he was free. He was also broke, alone, and

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<v Speaker 1>worst of all, potentially irrelevant. McAfee anti virus software had

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<v Speaker 1>been a widely used product for over twenty years, and

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<v Speaker 1>even though he didn't have anything to do with the

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<v Speaker 1>company anymore, McAfee cashes in any way he can. He

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<v Speaker 1>begins selling his most important asset, his name. Over the

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<v Speaker 1>next few years, McAfee finds the limelight yet again. He

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<v Speaker 1>exhibits his true talent beguiling women, drawing attention to himself,

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<v Speaker 1>and blatantly breaking the law. He also launches a bid

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<v Speaker 1>for the presidency of the United States. The semi serious

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<v Speaker 1>campaign brings him shockingly close to landing on the US ballot,

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<v Speaker 1>and it also introduces him to cryptocurrency, a new fascination

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<v Speaker 1>for McAfee that would ultimately spark his downfall. For a

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<v Speaker 1>time there in jail in Guatemala, John McAfee looked like

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<v Speaker 1>he was in real trouble. He'd entered the country illegally.

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<v Speaker 1>His biggest fear was getting extradited back to Belize, where

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<v Speaker 1>police wanted to talk to him about the murder of

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<v Speaker 1>his neighbor Greg Fall, but ultimately McAfee wasn't charged with

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<v Speaker 1>anything by authorities in Belize or Guatemala. He was deported

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<v Speaker 1>to the US. McAfee landed in Florida on December twelve,

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<v Speaker 1>twenty twelve. He said he had no money and no phone.

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<v Speaker 1>He checks himself into the Beacon Hotel in Miami. Canadian

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<v Speaker 1>filmmaker Francois Garcia arranged to lend McAfee some cash to

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<v Speaker 1>tide him over. Within the hour, John is on the

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<v Speaker 1>street and there's journalists waiting for him, and he's flashing

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<v Speaker 1>and seeing pictures where he's flashing out of his jacket.

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<v Speaker 1>The words of money and I don't know which publication,

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<v Speaker 1>where'd you get that money? Is like, you know, this

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<v Speaker 1>mysterious Canadian friend. He made it sound like, you know

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<v Speaker 1>it's a drug deal or drug gartel or drug kingpin

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<v Speaker 1>who just dropped him a bag of money. Why McAfee

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<v Speaker 1>needed to borrow cash is a bit of a mystery.

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<v Speaker 1>At the time. He said his assets were frozen when

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<v Speaker 1>he was fleeing Belize, and he went further to allege

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<v Speaker 1>that the Belizian government had seized his remaining properties and accounts,

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<v Speaker 1>but Francois Garcia says this isn't true. He sent us

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<v Speaker 1>documents showing McAfee transferring three hundred thousand dollars out of

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<v Speaker 1>his bank in Belize. The first of these chancefers is

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<v Speaker 1>dated to November seventeen, twenty twelve, less than a week

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<v Speaker 1>after Greg Fall was killed. As for his larger fortune,

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<v Speaker 1>we know he spent recklessly and also gave much of

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<v Speaker 1>it to his ex wife, Judy during their divorce. Whatever

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<v Speaker 1>his access to money was at the time, several people

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<v Speaker 1>told us that McAfee started this new chapter of his

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<v Speaker 1>life completely broke. McAfee was casting about for what he

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<v Speaker 1>was going to do next. The day after he arrived

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<v Speaker 1>in Miami, he was sitting at an outdoor table at

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<v Speaker 1>a cafe on Ocean Drive by himself when a woman

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<v Speaker 1>named Janice Dyson walked past. He looked rough, you know,

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<v Speaker 1>suit was kind of wrinkled and dirty, and oh yeah,

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<v Speaker 1>you know, I kind of just kept walking And it

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<v Speaker 1>was actually the security that worked at his hotel who

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<v Speaker 1>actually pointed him out and said, you know, that's John McAfee.

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<v Speaker 1>The guard explained that McAfee was the same McAfee who

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<v Speaker 1>invented the anti virus software. Janice was a sex worker

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<v Speaker 1>at the time. She walked back to talk to him

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<v Speaker 1>and he was smoking a cigarette, so I asked him

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<v Speaker 1>for a cigarette, you know, I just asked him. I said, well,

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<v Speaker 1>what's your story? Who are you? Who are you? You know,

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<v Speaker 1>what brings you to Miami? And it's like, like, seriously,

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<v Speaker 1>you don't know who I am. He assumed the whole

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<v Speaker 1>world had been watching his flight from Belize after Greg

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<v Speaker 1>Fall's murder. He says he's been on television for months.

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<v Speaker 1>She says she doesn't watch the news. I just remember thinking,

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<v Speaker 1>who is this guy and how was he able to,

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<v Speaker 1>you know, kind of maneuver himself through this very dangerous situation.

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<v Speaker 1>You know. So we spent hours of four hours just

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<v Speaker 1>talking and okay, and I spent the night with him,

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<v Speaker 1>and we were together every day after that. Janice was

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<v Speaker 1>thirty years old. She said she felt a certain camaraderie

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<v Speaker 1>with John. She's been living in her own hell in Miami.

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<v Speaker 1>She'd given up custody of her three children to her parents.

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<v Speaker 1>She'd been unable to disentangle herself from an abusive and

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<v Speaker 1>exploitative relationship, so McAfee represented a kind of escape. We

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<v Speaker 1>spent a week together in Miami. Then he asked me

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<v Speaker 1>to come and meet him in Tennessee and we were

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<v Speaker 1>going to drive from there to Portland. So we're on

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<v Speaker 1>this road trip, which was like three weeks. You know,

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<v Speaker 1>we took our time and really does so we got

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<v Speaker 1>to know each other on that road trip. What did

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<v Speaker 1>you like about him? Oh? Everything, everything. He's just you know,

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<v Speaker 1>he's very smart. Obviously it's intelligence, but also at the

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<v Speaker 1>same time, it's still very down to earth. I feel

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<v Speaker 1>like I could relate to him. The relationship between Janis

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<v Speaker 1>and John McAfee began as a commercial transaction, but over

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<v Speaker 1>time it became deeper. She says that by the summer

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<v Speaker 1>of the next year, he asked her to marry him.

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<v Speaker 1>McAfee spent much of twenty thirteen living quietly with Janis

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<v Speaker 1>in Portland, Oregon. She would beat his partner up until

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<v Speaker 1>his death in twenty twenty one. During that first year.

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<v Speaker 1>In June twenty thirteen, he released a YouTube video that

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<v Speaker 1>put him back in the spotlight. Fuck send oh, Hello there.

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<v Speaker 1>My name is Sean McAfee. I'm the founder of the

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<v Speaker 1>McAfee anti virus software company. Although I've had nothing to

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<v Speaker 1>do with this company for over fifteen years, I still

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<v Speaker 1>get volumes of mail asking how do I uninstall this software?

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<v Speaker 1>I had no idea. He's in the robe. He snorts

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<v Speaker 1>white powder through a straw. There's a box labeled bath

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<v Speaker 1>salt on the table in front of him. There are

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<v Speaker 1>women massaging him and undressing him, including Janie. At the

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<v Speaker 1>end of the video, she picks up an automatic rifle

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<v Speaker 1>and walks away with McAfee. He told Business Insider that

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<v Speaker 1>he made the video to parody the allegations about him

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<v Speaker 1>in the media. The greatest thing about that was that

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<v Speaker 1>after that video that the headlines about me were vastly reduced.

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<v Speaker 1>Because once you've, once you've accepted the fact that guard

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<v Speaker 1>you's have been living with seven women. Okay, fine, let's

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<v Speaker 1>get seven women in this video and put him in

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<v Speaker 1>the scantily clad clothes, and I would be as decadent

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<v Speaker 1>as possible. Then what mud can you sling? I mean,

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<v Speaker 1>I've already slung in it myself. Now. This video came

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<v Speaker 1>out three years after Intel bought McAfee, the company for

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<v Speaker 1>over seven billion dollars, but it had been more than

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<v Speaker 1>a day since John McAfee had anything to do with

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<v Speaker 1>the company except in name. There was money to be

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<v Speaker 1>made off of his famous product, just not by him.

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<v Speaker 1>He wanted to reclaim his name, and he was about

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<v Speaker 1>to do so in a very splashy way. We'll be

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<v Speaker 1>right back. By twenty fifteen, McAfee and Janice had left

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<v Speaker 1>Portland and were living in Lexington, Tennessee. He had some

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<v Speaker 1>new viral fame from the video he made. The next

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<v Speaker 1>step was rebuilding his fortune. It all comes down to

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<v Speaker 1>the idea of milking his name for its value. That's

0:14:49.040 --> 0:14:53.240
<v Speaker 1>my colleague Brody Ford, who reported on McAfee and his

0:14:53.400 --> 0:14:58.040
<v Speaker 1>business dealings during this period. Everybody knows McAfee the innovator.

0:14:58.120 --> 0:15:01.280
<v Speaker 1>Everybody knows the name McAfee, So he's making money off

0:15:01.360 --> 0:15:05.200
<v Speaker 1>speaking fees, hacker conferences, that kind of thing. It was

0:15:05.280 --> 0:15:09.200
<v Speaker 1>around this time when McAfee met an entrepreneur named Kyle

0:15:09.360 --> 0:15:13.000
<v Speaker 1>Sandler who was running a business incubator in a small

0:15:13.080 --> 0:15:17.520
<v Speaker 1>town called Opelika in Alabama. John was dirt broke when

0:15:17.560 --> 0:15:19.920
<v Speaker 1>I met him, and I was paying for his hotels

0:15:19.920 --> 0:15:23.320
<v Speaker 1>when he would come to visit. Kyle Sandler and McAfee

0:15:23.400 --> 0:15:28.320
<v Speaker 1>became close. They worked as business partners. Brodie says it

0:15:28.400 --> 0:15:32.760
<v Speaker 1>was a beneficial relationship for McAfee. He needed new customers

0:15:32.840 --> 0:15:34.920
<v Speaker 1>and he needed a place to look more legitimate. And

0:15:35.160 --> 0:15:38.000
<v Speaker 1>Kyle had this massive kind of like what we would

0:15:38.000 --> 0:15:39.760
<v Speaker 1>think of as a co working space, kind of a

0:15:39.840 --> 0:15:42.960
<v Speaker 1>wee work type thing there. And John was living in

0:15:43.200 --> 0:15:45.320
<v Speaker 1>rural Tennessee at this time, so there's all these accounts

0:15:45.400 --> 0:15:47.120
<v Speaker 1>of him driving down there in the middle of the

0:15:47.240 --> 0:15:49.160
<v Speaker 1>night in an old beat up pickup truck to a

0:15:49.560 --> 0:15:52.680
<v Speaker 1>beat up with clients at Kyle's incubator. So hanging around

0:15:52.760 --> 0:15:56.160
<v Speaker 1>Kyle it lended both of them legitimacy in different ways.

0:15:57.840 --> 0:16:00.920
<v Speaker 1>It would turn out that at the time Kyle was

0:16:01.000 --> 0:16:04.600
<v Speaker 1>actually taking people's money and misleading them about what he

0:16:04.760 --> 0:16:08.640
<v Speaker 1>was using it. For a few years after Kyle worked

0:16:08.680 --> 0:16:12.760
<v Speaker 1>with McAfee, he actually went to prison for fraud. We'll

0:16:12.800 --> 0:16:16.360
<v Speaker 1>get into that more later, but for now, let's just

0:16:16.480 --> 0:16:20.080
<v Speaker 1>say that that willingness to deceive people was something that

0:16:20.200 --> 0:16:24.560
<v Speaker 1>Kyle and McAfee had in common. To me, Kyle understood

0:16:24.760 --> 0:16:27.360
<v Speaker 1>McAfee in a way that a lot of other people didn't, right,

0:16:27.400 --> 0:16:30.360
<v Speaker 1>I mean, they both were kind of running operations that

0:16:30.800 --> 0:16:34.160
<v Speaker 1>relied on the confidence of others. Right, I mean Kyle

0:16:34.280 --> 0:16:36.560
<v Speaker 1>was a kind man at the time. Right. McAfee and

0:16:36.640 --> 0:16:39.960
<v Speaker 1>Kyle seemed to work well together, and their partnership made

0:16:40.000 --> 0:16:43.960
<v Speaker 1>the papers. USA Today wrote a splashy feature on them

0:16:44.040 --> 0:16:48.280
<v Speaker 1>in February, and shortly after that a group of investors

0:16:48.400 --> 0:16:54.120
<v Speaker 1>from a company called MGT Capital Investments reached out. Brodie says,

0:16:54.640 --> 0:16:58.520
<v Speaker 1>MGT had a pretty broad portfolio. So they had started

0:16:58.640 --> 0:17:02.280
<v Speaker 1>god like twenty years ago as a medical imaging company,

0:17:02.480 --> 0:17:04.840
<v Speaker 1>and then they went into sports betting, They went into

0:17:04.920 --> 0:17:08.280
<v Speaker 1>various kinds of tech. They really never made a whole

0:17:08.359 --> 0:17:11.520
<v Speaker 1>lot of money. They were in trouble because their stock

0:17:11.600 --> 0:17:13.680
<v Speaker 1>price was so low that they might get kicked off

0:17:13.760 --> 0:17:17.520
<v Speaker 1>of the New York Stock Exchange. So MGT said, let's pivot,

0:17:17.680 --> 0:17:20.640
<v Speaker 1>Let's do cybersecurity. What better way to drum up hype

0:17:20.680 --> 0:17:24.280
<v Speaker 1>for cybersecurity than getting the famed innovator John McAfee. So

0:17:24.800 --> 0:17:27.600
<v Speaker 1>they called up Kyle. I'm thinking, you know, this is

0:17:27.760 --> 0:17:30.800
<v Speaker 1>all bullshit, just like everything with John. But the next

0:17:30.880 --> 0:17:33.800
<v Speaker 1>day they flew into Auburn. We picked them up from

0:17:33.800 --> 0:17:37.560
<v Speaker 1>the Auburn Regional Airport and had lunch with them, and

0:17:37.680 --> 0:17:40.800
<v Speaker 1>they're all talking, you know, forty million, this forty million,

0:17:40.880 --> 0:17:45.960
<v Speaker 1>that the deal from MGT was significantly bigger than anything

0:17:46.080 --> 0:17:49.680
<v Speaker 1>on McAfee's immediate horizon. I think it's safe to say

0:17:49.720 --> 0:17:52.280
<v Speaker 1>it was the biggest deal McAfee I had seen since

0:17:52.320 --> 0:17:56.280
<v Speaker 1>coming back to America. But he walked away because he

0:17:56.400 --> 0:17:58.280
<v Speaker 1>felt like they were asking too much of him. He

0:17:58.400 --> 0:18:01.040
<v Speaker 1>felt like the startups he had in his consulting fees

0:18:01.080 --> 0:18:04.040
<v Speaker 1>would pay off. But he came to kind of regret that,

0:18:04.440 --> 0:18:06.359
<v Speaker 1>and I'm thinking, dude, you're stupid. You should have just

0:18:06.400 --> 0:18:12.320
<v Speaker 1>taken the money. And so about six or seven months

0:18:12.440 --> 0:18:17.760
<v Speaker 1>goes by and John is still broke and the startups

0:18:17.800 --> 0:18:20.720
<v Speaker 1>that he has him just shit. So we had decided

0:18:20.800 --> 0:18:23.320
<v Speaker 1>we needed to do something to make some noise. And

0:18:23.760 --> 0:18:26.880
<v Speaker 1>I really just jokingly said, what about if you run

0:18:26.960 --> 0:18:31.359
<v Speaker 1>for president? And he gets back to Tennessee the next

0:18:31.480 --> 0:18:34.360
<v Speaker 1>day and I'm totally not even thinking about this conversation.

0:18:34.520 --> 0:18:35.920
<v Speaker 1>He's like, Kyle, I think I want to do it.

0:18:36.400 --> 0:18:41.520
<v Speaker 1>Do what? John? Run for president? Are you fucking crazy?

0:18:43.200 --> 0:18:46.639
<v Speaker 1>To Kyle, running for president is an insane way to

0:18:46.800 --> 0:18:50.960
<v Speaker 1>resuscitate your career, especially if you're broke and the major

0:18:51.119 --> 0:18:54.639
<v Speaker 1>business deal falls through, but that's what mcavig planned to do.

0:18:55.760 --> 0:18:59.400
<v Speaker 1>This was in the summer of twenty fifteen. Already quite

0:18:59.400 --> 0:19:01.960
<v Speaker 1>a few people had announced their intention to make a

0:19:02.040 --> 0:19:05.399
<v Speaker 1>play for the White House in twenty sixteen, but it

0:19:05.560 --> 0:19:08.520
<v Speaker 1>was months ahead of the first primary vote and no

0:19:08.760 --> 0:19:13.040
<v Speaker 1>party had a clear front runner. And in addition that June,

0:19:13.560 --> 0:19:18.840
<v Speaker 1>another controversial businessman without any political experience, had also just

0:19:19.080 --> 0:19:23.280
<v Speaker 1>announced his run and was doing shockingly well in the polls.

0:19:24.040 --> 0:19:30.600
<v Speaker 1>I am offacially running for president of the United States,

0:19:32.040 --> 0:19:36.160
<v Speaker 1>and we are going to make our country grade again.

0:19:39.160 --> 0:19:41.800
<v Speaker 1>In the twenty sixteen primaries, there was a sense in

0:19:41.880 --> 0:19:45.280
<v Speaker 1>the air that people were more willing for non traditional candidates.

0:19:45.359 --> 0:19:49.200
<v Speaker 1>Right you had Bernie Sanders out performing anybody's expectation. You

0:19:49.320 --> 0:19:52.480
<v Speaker 1>had Donald Trump appearing and not fizzling out and actually

0:19:52.560 --> 0:19:55.560
<v Speaker 1>leading the whole thing. And then among Libertarians you had

0:19:55.720 --> 0:19:58.640
<v Speaker 1>John McAfee emerge, and a lot of people thought, well,

0:19:58.680 --> 0:20:00.639
<v Speaker 1>no dust, somebody like John mc if he jumped in.

0:20:00.720 --> 0:20:02.760
<v Speaker 1>I mean, that was just the energy in the air

0:20:02.840 --> 0:20:05.119
<v Speaker 1>at the time. There was a lot of populist, non

0:20:05.200 --> 0:20:09.200
<v Speaker 1>traditional candidates popping up. McAfee had a core fan base

0:20:09.280 --> 0:20:13.399
<v Speaker 1>of hackers, and his name could draw a crowd. Kyle

0:20:13.480 --> 0:20:16.240
<v Speaker 1>said they threw one of their first fundraisers at a

0:20:16.320 --> 0:20:20.960
<v Speaker 1>strip club, which seems very on brands from McAfee. Larry

0:20:20.960 --> 0:20:23.359
<v Speaker 1>Flint's Hustler Club is like the one of the biggest

0:20:23.400 --> 0:20:27.400
<v Speaker 1>strip clubs in America. It's like four levels, elevators, girls everywhere.

0:20:27.600 --> 0:20:30.280
<v Speaker 1>We rented the whole freaking thing, and you know, there

0:20:30.359 --> 0:20:33.080
<v Speaker 1>was all kinds of campaign finance laws being broken. That day.

0:20:33.400 --> 0:20:36.800
<v Speaker 1>Took probably about two million dollars in bitcoins and paypals.

0:20:37.320 --> 0:20:40.720
<v Speaker 1>This was twenty fifteen and is twenty twenty two. No, literally,

0:20:40.760 --> 0:20:42.560
<v Speaker 1>I'm trying to make sure that if there's anything that

0:20:42.600 --> 0:20:44.960
<v Speaker 1>I'm about to admit that's crime, that statute of limitations

0:20:45.040 --> 0:20:49.119
<v Speaker 1>is up for real. Okay. So Kyle is alleging that

0:20:49.320 --> 0:20:52.680
<v Speaker 1>from the start the campaign was raking in money and

0:20:52.840 --> 0:20:56.080
<v Speaker 1>breaking the law. We haven't been able to confirm that,

0:20:56.920 --> 0:20:59.680
<v Speaker 1>and there weren't any legal repercautions that we could find.

0:21:01.920 --> 0:21:06.320
<v Speaker 1>The next month, on September ninth, McAfee formally announced he

0:21:06.440 --> 0:21:10.160
<v Speaker 1>was running for president. It was an immediate news story.

0:21:10.640 --> 0:21:13.879
<v Speaker 1>John McAfee has entered the White House race as a libertarian.

0:21:14.160 --> 0:21:16.680
<v Speaker 1>He originally planned to run from the highest office under

0:21:16.720 --> 0:21:19.520
<v Speaker 1>his own cyber party, but he ended up choosing to

0:21:19.640 --> 0:21:23.080
<v Speaker 1>go with the Libertarian Party for a number of reasons.

0:21:23.720 --> 0:21:26.879
<v Speaker 1>After Democrats and Republicans. They are the largest party in

0:21:26.920 --> 0:21:30.560
<v Speaker 1>the US. There's a big difference. They do not come close,

0:21:30.680 --> 0:21:33.280
<v Speaker 1>but they are the next largest. They already have ballot

0:21:33.320 --> 0:21:37.320
<v Speaker 1>access in all fifty states. They have an established media infrastructure.

0:21:37.400 --> 0:21:39.600
<v Speaker 1>McAfee wouldn't have to build his own from the ground up,

0:21:39.720 --> 0:21:42.960
<v Speaker 1>so joining the Libertarians gave him a platform that he

0:21:43.040 --> 0:21:46.680
<v Speaker 1>didn't have to build himself. So anti tax, pro gun,

0:21:47.080 --> 0:21:52.240
<v Speaker 1>pro drug, anti regulation of any kind in so many ways,

0:21:52.680 --> 0:21:56.399
<v Speaker 1>McAfee was the perfect fit for the Libertarians. He's a

0:21:56.480 --> 0:22:01.080
<v Speaker 1>tech entrepreneur who brags about doing drugs not paying taxes.

0:22:01.840 --> 0:22:05.159
<v Speaker 1>He was well suited for a party that valorizes the

0:22:05.320 --> 0:22:09.480
<v Speaker 1>image of frontier masculinity. I mean, that's just his aura.

0:22:09.760 --> 0:22:12.000
<v Speaker 1>He doesn't give a fuck, and most of the Libertarians

0:22:12.040 --> 0:22:15.280
<v Speaker 1>don't give a fuck, so he resonated with them. In

0:22:15.400 --> 0:22:18.760
<v Speaker 1>a matter of months, McAfee learned how to tailor his

0:22:18.960 --> 0:22:23.720
<v Speaker 1>talking points for his new party. Even Darryl Perry, a

0:22:23.880 --> 0:22:27.640
<v Speaker 1>long time Libertarian who ran against McAfee in twenty sixteen,

0:22:28.160 --> 0:22:32.560
<v Speaker 1>was impressed and I was like, oh, okay, it's like,

0:22:33.359 --> 0:22:37.240
<v Speaker 1>you know, just some celebrity guy that jumping into the

0:22:37.400 --> 0:22:41.760
<v Speaker 1>LP race because he realized ballot access as hard. But

0:22:42.160 --> 0:22:49.320
<v Speaker 1>then over like the next six months, he started sounding

0:22:49.440 --> 0:22:53.879
<v Speaker 1>a lot more libertarian. By the way, Darryl Perry is

0:22:54.040 --> 0:22:57.080
<v Speaker 1>best known for this viral clip of a response he

0:22:57.160 --> 0:23:00.800
<v Speaker 1>gave during a presidential debate in twenty sixteen while he

0:23:00.960 --> 0:23:03.639
<v Speaker 1>was on stage with McAfee. Should someone have to have

0:23:03.800 --> 0:23:07.440
<v Speaker 1>a government issued license to drive a car? Hell no,

0:23:08.000 --> 0:23:11.359
<v Speaker 1>what's next requiring a license to make toast in your

0:23:11.400 --> 0:23:18.119
<v Speaker 1>own damn toaster. I hadn't known before we made this

0:23:18.240 --> 0:23:24.440
<v Speaker 1>episode that driver's licenses were controversial among libertarians. Here's McAfee.

0:23:24.960 --> 0:23:27.760
<v Speaker 1>I don't think licenses are required. However, if you are

0:23:28.480 --> 0:23:31.000
<v Speaker 1>under sixteen and your parents so you can drive, and

0:23:31.200 --> 0:23:33.520
<v Speaker 1>you haven't done it before, you should put a flashing

0:23:33.640 --> 0:23:36.040
<v Speaker 1>pink light on your roof, at least so we can

0:23:36.080 --> 0:23:40.200
<v Speaker 1>get out of your way. There was another question John

0:23:40.320 --> 0:23:47.000
<v Speaker 1>had to answer repeatedly. Candidate McAfee. Everyone knows that something

0:23:47.320 --> 0:23:50.639
<v Speaker 1>happened in Belize, but no one seems to have the story.

0:23:51.240 --> 0:23:55.080
<v Speaker 1>What are you accused of? Did you do it? And

0:23:55.240 --> 0:23:58.240
<v Speaker 1>how would this affect your campaign if you are the nominee.

0:23:59.280 --> 0:24:01.200
<v Speaker 1>Let me make this perfectly clear. At number one, I

0:24:01.280 --> 0:24:04.159
<v Speaker 1>had absolutely nothing whatsoever to do with the murder of

0:24:04.200 --> 0:24:09.080
<v Speaker 1>Gregory Fall. The moderator you hear is magician Pendalet from

0:24:09.119 --> 0:24:13.320
<v Speaker 1>Penn and Teller and one of the best known celebrity libertarians.

0:24:14.200 --> 0:24:18.240
<v Speaker 1>Although McAfee was questioned about the murder of Gregfall, the

0:24:18.400 --> 0:24:22.760
<v Speaker 1>topic was treated casually, incredibly, it didn't seem to hurt

0:24:22.880 --> 0:24:26.000
<v Speaker 1>him in the debates. This is a clip from Fox.

0:24:26.600 --> 0:24:29.959
<v Speaker 1>You went to Belize. Police there accused you of unlicensed

0:24:30.040 --> 0:24:33.159
<v Speaker 1>drug manufacturing. You were a person of interest in the

0:24:33.320 --> 0:24:37.640
<v Speaker 1>murder of a neighbor. You left, police went to Guatemala,

0:24:37.880 --> 0:24:41.520
<v Speaker 1>which suported you to America. You're still technically a fugitive,

0:24:41.600 --> 0:24:47.760
<v Speaker 1>though they don't seem that interested in grabbing you. People

0:24:47.840 --> 0:24:52.920
<v Speaker 1>go wild, they're cheering, they're celebrating, laughing. Gary Johnson, the

0:24:53.000 --> 0:24:55.840
<v Speaker 1>front runner who would later get millions of votes, walks

0:24:55.880 --> 0:24:59.480
<v Speaker 1>over and kisses McAfee on the cheek. You know, libertarians

0:24:59.480 --> 0:25:03.560
<v Speaker 1>were not other by the Greg Fall murder accusations. McAfee's

0:25:03.560 --> 0:25:07.480
<v Speaker 1>past was treated lightly when it wasn't a bizarre point

0:25:07.520 --> 0:25:12.040
<v Speaker 1>of pride. It was the punchline to endless Jokes. Here's

0:25:12.040 --> 0:25:16.040
<v Speaker 1>a clip from Full Frontal with Samantha b Eighteen libertarian

0:25:16.119 --> 0:25:19.880
<v Speaker 1>presidential hopefuls gathered to take on the tyranny of big government.

0:25:20.520 --> 0:25:25.919
<v Speaker 1>They were educators, pro lifers, anarchists, veterans, and a millionaire

0:25:25.960 --> 0:25:28.080
<v Speaker 1>wanted for questioning by authorities in the murder of his

0:25:28.119 --> 0:25:29.960
<v Speaker 1>neighbor and Belize after he fled the country in a

0:25:30.000 --> 0:25:32.480
<v Speaker 1>disguise to Guatemala, faked to heart attack, and was deported

0:25:32.480 --> 0:25:38.000
<v Speaker 1>to the US. Well all you see. Brodie says that

0:25:38.200 --> 0:25:42.359
<v Speaker 1>McAfee's suggestion that these murder allegations were pinned on him

0:25:42.440 --> 0:25:46.880
<v Speaker 1>by a crooked Belizean government gelled with the libertarian ethos.

0:25:47.760 --> 0:25:50.359
<v Speaker 1>Their entire belief system is based on the idea that

0:25:50.520 --> 0:25:54.800
<v Speaker 1>governments are corrupt, they're wrong. The idea that the Belize

0:25:54.840 --> 0:25:57.640
<v Speaker 1>government was corrupt and wrong in accusing him doesn't seem

0:25:57.680 --> 0:26:00.240
<v Speaker 1>far fetched at all, So it really wasn't a problem

0:26:00.320 --> 0:26:04.399
<v Speaker 1>for him. In a few months, McAfee learned to breathe

0:26:04.520 --> 0:26:09.720
<v Speaker 1>through libertarian talking points. He criticized the FDA, he supported

0:26:09.760 --> 0:26:13.920
<v Speaker 1>withdrawing US troops from overseas wars, and he promised to

0:26:14.040 --> 0:26:18.560
<v Speaker 1>deliver real change in America. I am a walking revolution,

0:26:18.760 --> 0:26:22.920
<v Speaker 1>I promise you, with all of its drawbacks and all

0:26:23.040 --> 0:26:27.560
<v Speaker 1>of its risks, the Libertarian Party is also a revolution.

0:26:28.960 --> 0:26:33.200
<v Speaker 1>Watching these videos, it's remarkable how comfortable McAfee is on

0:26:33.320 --> 0:26:38.000
<v Speaker 1>the stage. He's charismatic, he's easy in front of a crowd.

0:26:38.920 --> 0:26:43.200
<v Speaker 1>He was even sympathetic, like this moment when he casually

0:26:43.320 --> 0:26:47.359
<v Speaker 1>mentions his new wife, Janice during one debate. When I

0:26:47.440 --> 0:26:50.520
<v Speaker 1>came back to the States. My first day back, I

0:26:50.680 --> 0:26:53.000
<v Speaker 1>was penniless. I all I had was my jacket and

0:26:53.119 --> 0:26:56.560
<v Speaker 1>my shoes. And I met this woman who was thirty

0:26:56.600 --> 0:27:01.600
<v Speaker 1>years old, beaten and battered. He was forced into prostitution

0:27:01.680 --> 0:27:05.080
<v Speaker 1>at the age of twenty. I rescued her personally, I

0:27:05.280 --> 0:27:07.639
<v Speaker 1>married her, and I hope she's watching the stream tonight.

0:27:07.720 --> 0:27:14.000
<v Speaker 1>I love you, baby. McAfee was in good spirits during

0:27:14.040 --> 0:27:18.080
<v Speaker 1>the debates. Behind the scenes, he was making business deals.

0:27:18.760 --> 0:27:23.159
<v Speaker 1>His presidential campaign and renewed TV presents were about to

0:27:23.320 --> 0:27:27.520
<v Speaker 1>pay off financially. MGT Capital, the company that flew the

0:27:27.600 --> 0:27:31.000
<v Speaker 1>private jets to Alabama, they're coming back to the table.

0:27:31.160 --> 0:27:33.840
<v Speaker 1>They want to hire him. They're they're dangling millions and

0:27:33.960 --> 0:27:37.160
<v Speaker 1>stock options, a CEO title, They even want to invest

0:27:37.240 --> 0:27:41.800
<v Speaker 1>in Kyle's startup incubator. So McAfee begins really talking with

0:27:41.960 --> 0:27:45.440
<v Speaker 1>them about transitioning all the attention he got in the

0:27:45.480 --> 0:27:49.639
<v Speaker 1>presidential campaign and to doing another public company gig and

0:27:49.960 --> 0:27:54.440
<v Speaker 1>you know, making millions in the process. Kyle Soundler remembers

0:27:54.600 --> 0:27:58.080
<v Speaker 1>leading up to the deal, the MGT folks told everyone

0:27:58.240 --> 0:28:01.400
<v Speaker 1>in the know to buy the share because they would

0:28:01.480 --> 0:28:05.720
<v Speaker 1>explode once the McAfee news became public. The MGT guys

0:28:05.800 --> 0:28:08.879
<v Speaker 1>basically told us to tell our friends and whoever we

0:28:09.000 --> 0:28:12.760
<v Speaker 1>trust to invest in this penny stock. It was trading

0:28:12.760 --> 0:28:14.960
<v Speaker 1>out a quarter and by the end of the week

0:28:15.000 --> 0:28:17.960
<v Speaker 1>it was five dollars and twenty five cents. In case

0:28:18.000 --> 0:28:23.040
<v Speaker 1>you're wondering, yes that could be considered insider trading. According

0:28:23.160 --> 0:28:28.000
<v Speaker 1>to the SEC. Yes it could be illegal, and yes

0:28:28.480 --> 0:28:34.000
<v Speaker 1>there were charges coming, but McAfee wasn't worried. The deal

0:28:34.160 --> 0:28:38.000
<v Speaker 1>went through in May, and here he is bragging about

0:28:38.040 --> 0:28:42.880
<v Speaker 1>it during another libertarian debate a week later. A month ago,

0:28:42.960 --> 0:28:45.280
<v Speaker 1>I was approached by a company listed on the New

0:28:45.360 --> 0:28:49.840
<v Speaker 1>York Stock Exchange, and they wanted to know, is it

0:28:49.960 --> 0:28:52.840
<v Speaker 1>possible to get our stock price up fifty percent within

0:28:53.000 --> 0:28:55.560
<v Speaker 1>six months? Because if not we're going to get delisted,

0:28:55.680 --> 0:28:59.080
<v Speaker 1>meaning you're gone. I said, well, I don't know, I'll

0:28:59.120 --> 0:29:02.360
<v Speaker 1>try it on Monday. I took over as the CEO.

0:29:03.120 --> 0:29:08.880
<v Speaker 1>On Friday, the stock closed up seven h MGT's share

0:29:08.960 --> 0:29:13.240
<v Speaker 1>price explosion caught the eyes of investors and the mainstream

0:29:13.320 --> 0:29:18.560
<v Speaker 1>business press. Here's Bloomberg TV's Emily Chang. MGT Capital is

0:29:18.560 --> 0:29:20.760
<v Speaker 1>an online gaming company that was once a penny stock,

0:29:20.840 --> 0:29:23.880
<v Speaker 1>but served tenfold earlier this year on the announcement that

0:29:24.000 --> 0:29:26.760
<v Speaker 1>it had signed none other than the anti virus Gurup.

0:29:27.160 --> 0:29:29.920
<v Speaker 1>It didn't take long for this to catch the attention

0:29:30.040 --> 0:29:34.840
<v Speaker 1>of the SEC. The share price explodes, everybody involved in

0:29:34.880 --> 0:29:38.280
<v Speaker 1>the deal gets rich, right, Kyle makes money, McAfee makes money.

0:29:38.880 --> 0:29:41.200
<v Speaker 1>All the people who are working with an MGT Capital

0:29:41.280 --> 0:29:44.560
<v Speaker 1>makes money. But then the government regulators say, hey, this

0:29:44.760 --> 0:29:49.080
<v Speaker 1>company hasn't made money in sixteen years, And they would

0:29:49.120 --> 0:29:51.480
<v Speaker 1>later allege in a lawsuit against a lot of the

0:29:51.600 --> 0:29:56.239
<v Speaker 1>MGT Capital core people that this was stock price manipulation. Right,

0:29:56.320 --> 0:30:01.600
<v Speaker 1>this was illegal pumping up. The SEC formally sued a

0:30:01.760 --> 0:30:05.640
<v Speaker 1>group of MGT shareholders a little over two years later

0:30:06.120 --> 0:30:09.160
<v Speaker 1>for pumping up the price of MGT and two other

0:30:09.280 --> 0:30:13.880
<v Speaker 1>companies in a similar way. The litigation is ongoing, and

0:30:14.080 --> 0:30:18.800
<v Speaker 1>today MGT trades for about one cent a share, down

0:30:18.960 --> 0:30:21.880
<v Speaker 1>more than ninety nine percent from its value at the time.

0:30:22.000 --> 0:30:28.080
<v Speaker 1>McAfee gloated about boosting the stock. Amazingly, McAfee and Kyle

0:30:28.160 --> 0:30:32.800
<v Speaker 1>Sandler were never accused of any wrongdoing, and McAfee made

0:30:32.880 --> 0:30:36.680
<v Speaker 1>millions in the deal. His salary that year as CEO

0:30:36.960 --> 0:30:42.200
<v Speaker 1>of MGT, which was renamed McAfee Global Technologies, was seven

0:30:42.280 --> 0:30:45.240
<v Speaker 1>million in stock, and he may have made even more

0:30:45.400 --> 0:30:49.800
<v Speaker 1>on the initial deal. The SEC filings show that Janus

0:30:49.920 --> 0:30:54.120
<v Speaker 1>his wife had stock options too. The gamble of a

0:30:54.240 --> 0:30:58.080
<v Speaker 1>presidential run had paid off. Kyle says this was the

0:30:58.280 --> 0:31:02.160
<v Speaker 1>whole reason McAfee ran for president. The whole campaign was

0:31:02.200 --> 0:31:06.040
<v Speaker 1>a first. It obviously brought and everybody back to the table.

0:31:06.960 --> 0:31:10.320
<v Speaker 1>They made the huge investment. Everybody made money. That was

0:31:10.400 --> 0:31:15.520
<v Speaker 1>part of it. In addition to the MGT windfall, McAfee

0:31:16.000 --> 0:31:20.960
<v Speaker 1>was also sitting on those campaign contributions. Kyle left the

0:31:21.040 --> 0:31:25.000
<v Speaker 1>campaign by the end of twenty fifteen to focus on

0:31:25.160 --> 0:31:30.240
<v Speaker 1>his own businesses. Two and a half years later, Kyle

0:31:30.400 --> 0:31:35.320
<v Speaker 1>was arrested for fraud related to his incubator in Opelika Alabama.

0:31:36.280 --> 0:31:41.120
<v Speaker 1>Around the time of kyle sentencing, McAfee was making himself

0:31:41.200 --> 0:31:45.320
<v Speaker 1>out to be the victim. He posted this video to Twitter.

0:31:45.880 --> 0:31:48.840
<v Speaker 1>One of the slickest con artists I've ever met named

0:31:49.120 --> 0:31:54.520
<v Speaker 1>Kyle Sandler. I met him in Opelaka, Alabama, when he

0:31:54.720 --> 0:31:57.360
<v Speaker 1>was originally setting his business up. I had a business

0:31:57.400 --> 0:32:00.840
<v Speaker 1>in the same town and we became friends. I got

0:32:00.920 --> 0:32:05.440
<v Speaker 1>sucked into his scams like everybody else. Kyle was sentenced

0:32:05.440 --> 0:32:08.959
<v Speaker 1>to five years in federal prison, but he was released

0:32:09.000 --> 0:32:12.400
<v Speaker 1>early for good behavior. We spoke to him a few

0:32:12.520 --> 0:32:16.320
<v Speaker 1>months after he got out. He now makes TikTok videos

0:32:16.440 --> 0:32:20.040
<v Speaker 1>about his prison experience. Hi. My name is Kyle Sandler,

0:32:20.120 --> 0:32:22.320
<v Speaker 1>and I was sentenced sixty three months in federal prison

0:32:22.640 --> 0:32:25.320
<v Speaker 1>for stealing one point nine million dollars from the investors

0:32:25.360 --> 0:32:27.840
<v Speaker 1>in my venture capital fund. I knew prison tips and

0:32:27.920 --> 0:32:30.000
<v Speaker 1>more here on TikTok, So please give me a salad

0:32:30.200 --> 0:32:32.400
<v Speaker 1>and hit that plus subscribe button right over there on

0:32:32.400 --> 0:32:36.720
<v Speaker 1>the right hand side of your phone. He disagrees with McAfee,

0:32:36.800 --> 0:32:39.960
<v Speaker 1>calling him the best con artist, but not for the

0:32:40.080 --> 0:32:42.880
<v Speaker 1>reason he might expect. And am I the best comment

0:32:42.920 --> 0:32:45.480
<v Speaker 1>in the world? No, John is by far he could

0:32:45.520 --> 0:32:51.000
<v Speaker 1>outcom me any day and he has. Kyle was done,

0:32:51.560 --> 0:32:58.280
<v Speaker 1>but the McAfee campaign kept rolling, exceeding anyone's expectations. We'll

0:32:58.320 --> 0:33:11.640
<v Speaker 1>be right back, okay where in April twenty sixteen, time

0:33:11.840 --> 0:33:15.160
<v Speaker 1>is ticking down to the Libertarian National Convention in May,

0:33:15.720 --> 0:33:20.240
<v Speaker 1>where delegates would choose their presidential candidate, and McAfee gets

0:33:20.280 --> 0:33:25.000
<v Speaker 1>a new campaign manager, Tiffany Madison. She says she could

0:33:25.080 --> 0:33:28.800
<v Speaker 1>tell that McAfee and Kyle were doing something fishy in

0:33:28.920 --> 0:33:33.440
<v Speaker 1>the early days of the campaign. There's an air that

0:33:33.600 --> 0:33:38.000
<v Speaker 1>people have when they're grifters, and there was a lot

0:33:38.080 --> 0:33:43.200
<v Speaker 1>of grifting energy in that space. He generally attracted pile

0:33:43.320 --> 0:33:46.360
<v Speaker 1>types right that are fun artists. They think that's they

0:33:46.440 --> 0:33:50.760
<v Speaker 1>moved back. John's very attracted to that busy energy. Tiffany

0:33:50.880 --> 0:33:53.520
<v Speaker 1>had been a Libertarian for most of her life when

0:33:53.600 --> 0:33:56.840
<v Speaker 1>she took over the day to day operations of McAfee's campaign.

0:33:57.600 --> 0:34:01.120
<v Speaker 1>She believed his story and she saw huge potential in

0:34:01.240 --> 0:34:04.520
<v Speaker 1>him as a candidate. He was someone with bona fides

0:34:04.680 --> 0:34:07.960
<v Speaker 1>as a businessman and who could appeal to the wilder

0:34:08.080 --> 0:34:13.000
<v Speaker 1>impulses of the libertarian electorate. But she was shocked at

0:34:13.040 --> 0:34:16.400
<v Speaker 1>the state of the campaign. He had no idea what

0:34:16.640 --> 0:34:19.960
<v Speaker 1>was going on under the hood of his own campaign.

0:34:20.800 --> 0:34:23.840
<v Speaker 1>The website didn't work, there were no payment gateways to

0:34:23.920 --> 0:34:27.640
<v Speaker 1>take donations, there were no donations being solicited. I mean,

0:34:27.960 --> 0:34:32.600
<v Speaker 1>if I could just sabotage a campaign and then hand

0:34:32.680 --> 0:34:35.279
<v Speaker 1>it to you on a platter, that's literally what was

0:34:35.320 --> 0:34:42.560
<v Speaker 1>being done. Tiffany also noticed that the campaign finances weren't

0:34:42.640 --> 0:34:47.160
<v Speaker 1>quite adding up. The discrepancy started when Kyle Sandler was

0:34:47.239 --> 0:34:52.160
<v Speaker 1>managing everything. Here's Brodie. Kyle doesn't dispute that the campaign

0:34:52.239 --> 0:34:54.880
<v Speaker 1>was about money, right. He says that he saw about

0:34:54.960 --> 0:34:57.480
<v Speaker 1>two million come in and donations while he was there,

0:34:57.560 --> 0:35:02.000
<v Speaker 1>and that includes in bitcoin. While the campaign only disclosed

0:35:02.000 --> 0:35:06.080
<v Speaker 1>about fifty thousand and finding and forty thousand and expenses federally,

0:35:06.880 --> 0:35:10.480
<v Speaker 1>that's way less than what other libertarians spent on their campaign,

0:35:11.480 --> 0:35:14.880
<v Speaker 1>about less than a tenth what Gary Johnson spent. The

0:35:15.040 --> 0:35:19.600
<v Speaker 1>campaign took donations in bitcoin. They're supposed to be transparency

0:35:19.640 --> 0:35:22.360
<v Speaker 1>in a campaign as part of the whole process, But

0:35:22.520 --> 0:35:25.800
<v Speaker 1>he kept a bitcoin wellt on his phone, and we

0:35:26.000 --> 0:35:31.200
<v Speaker 1>have no idea how much bitcoin was actually taken except

0:35:31.239 --> 0:35:33.400
<v Speaker 1>for the emails we'd get. We're like, you know, I

0:35:33.520 --> 0:35:36.680
<v Speaker 1>just gave fifty thousand dollars worth a bitcoin. So is

0:35:36.719 --> 0:35:39.239
<v Speaker 1>the guy lying? Or is John Lyne? Who knows. When

0:35:39.280 --> 0:35:42.760
<v Speaker 1>Tiffany took over in April, she made a strong push

0:35:42.840 --> 0:35:46.520
<v Speaker 1>to revitalize the campaign, but she only had a month

0:35:46.600 --> 0:35:51.320
<v Speaker 1>before the primary, and her efforts came too late. Bilibertarian

0:35:51.360 --> 0:35:55.200
<v Speaker 1>Party already has its ticket. Former New Mexico Governor Gary

0:35:55.320 --> 0:35:58.759
<v Speaker 1>Johnson won the presidential nomination for a second time. He

0:35:58.880 --> 0:36:01.080
<v Speaker 1>got about one fin of the vote when he ran

0:36:01.160 --> 0:36:07.040
<v Speaker 1>in twenty twelve. McAfee came in third, but he wasn't bothered.

0:36:08.000 --> 0:36:11.040
<v Speaker 1>The MGT deal had come through just two weeks earlier.

0:36:11.560 --> 0:36:15.239
<v Speaker 1>He was a millionaire ceo again. He spent the day

0:36:15.320 --> 0:36:18.920
<v Speaker 1>before the vote handing out his delegates to another candidate,

0:36:19.560 --> 0:36:23.600
<v Speaker 1>Vermin Supreme, a man who wore a fisherman's boot on

0:36:23.760 --> 0:36:28.200
<v Speaker 1>his head. Tiffany thinks that if McAfee's campaign had been

0:36:28.320 --> 0:36:31.520
<v Speaker 1>run more professionally from the beginning, he had a real

0:36:31.719 --> 0:36:35.160
<v Speaker 1>chance of winning the party nomination. That would have put

0:36:35.280 --> 0:36:38.279
<v Speaker 1>his name on the presidential ballot. They think that he

0:36:38.440 --> 0:36:41.480
<v Speaker 1>could have won. That's why I decided to work with him,

0:36:41.560 --> 0:36:44.600
<v Speaker 1>because you know, give him a mic. That's really all

0:36:44.680 --> 0:36:50.040
<v Speaker 1>he needs. Several people close to McAfee seemed to truly

0:36:50.160 --> 0:36:53.720
<v Speaker 1>believe he could have won the ticket. Here's Judd Weisse,

0:36:54.160 --> 0:36:57.680
<v Speaker 1>McAfee's twenty sixteen running mate. He was a long time

0:36:57.760 --> 0:37:02.759
<v Speaker 1>libertarian who also barely had any campaign experience. We were

0:37:02.880 --> 0:37:05.360
<v Speaker 1>surprisingly close. McAfee and I would have been in the

0:37:05.400 --> 0:37:07.520
<v Speaker 1>middle of that ship with Hillary and Trump. It would

0:37:07.520 --> 0:37:11.880
<v Speaker 1>have been completely insane, that's how close it was. McAfee

0:37:12.160 --> 0:37:16.080
<v Speaker 1>never got that close to Trump and Clinton. But even

0:37:16.200 --> 0:37:20.040
<v Speaker 1>if he had won the nomination, there were questions about

0:37:20.080 --> 0:37:23.799
<v Speaker 1>how seriously he was taking the larger race for the presidency,

0:37:24.480 --> 0:37:28.200
<v Speaker 1>even from the people who believed in him. My belief

0:37:28.520 --> 0:37:31.520
<v Speaker 1>is that it was a publicity start. I don't think

0:37:31.640 --> 0:37:34.040
<v Speaker 1>he was really running to be in the White House,

0:37:34.760 --> 0:37:37.920
<v Speaker 1>although he was saying he was. He was clearly living

0:37:38.160 --> 0:37:40.920
<v Speaker 1>more of a libertarian lifestyle than pretty much any libertarian

0:37:40.920 --> 0:37:46.200
<v Speaker 1>I know. McAfee himself has changed his story a few times.

0:37:47.120 --> 0:37:50.880
<v Speaker 1>Two years after the election, he seems to acknowledge that

0:37:51.000 --> 0:37:54.800
<v Speaker 1>the campaign was just about getting attention. I have no

0:37:54.920 --> 0:37:57.319
<v Speaker 1>intention of ever getting elected, no one in the right mind.

0:37:57.480 --> 0:38:01.080
<v Speaker 1>I mean, I could never get elected president. However, running

0:38:01.120 --> 0:38:07.920
<v Speaker 1>on the libertarian platform, it gave me a forum that

0:38:08.040 --> 0:38:10.920
<v Speaker 1>allowed me to speak and to tell what I think

0:38:10.920 --> 0:38:13.399
<v Speaker 1>the problems in America are. And that's all I asked

0:38:13.440 --> 0:38:20.680
<v Speaker 1>for and that's what I achieved. Later in that interview,

0:38:21.200 --> 0:38:27.000
<v Speaker 1>he starts talking about his new favorite topic, Bitcoin, he'd

0:38:27.080 --> 0:38:32.399
<v Speaker 1>recently learned about it from his libertarian friends. Jadwis says

0:38:32.520 --> 0:38:36.400
<v Speaker 1>he gave McAfee his first bitcoin in early twenty sixteen.

0:38:37.200 --> 0:38:41.400
<v Speaker 1>When McAfee came on the campaign. He didn't even use Uber.

0:38:41.480 --> 0:38:45.640
<v Speaker 1>He was still using like taxis and stuff. He never

0:38:45.840 --> 0:38:50.120
<v Speaker 1>used crypto, so it's not really known, but I gave

0:38:50.200 --> 0:38:54.479
<v Speaker 1>McAfee his first crypto. At that time, bitcoin was worth

0:38:54.600 --> 0:38:58.399
<v Speaker 1>less than six hundred dollars. In five years, it would

0:38:58.480 --> 0:39:01.960
<v Speaker 1>surge more than one hundred times and break into the mainstream.

0:39:02.719 --> 0:39:07.040
<v Speaker 1>But cryptocurrency was big early on in the libertarian community,

0:39:07.480 --> 0:39:09.920
<v Speaker 1>which saw it as a way to subvert the power

0:39:10.120 --> 0:39:14.760
<v Speaker 1>of government regulated money. His new found obsession with crypto

0:39:15.160 --> 0:39:18.440
<v Speaker 1>would take over his life once the MGT money dried up,

0:39:18.960 --> 0:39:21.600
<v Speaker 1>and it gets him in trouble with the law again.

0:39:22.600 --> 0:39:26.319
<v Speaker 1>Kyle Sandler speculates that it's even the reason he lost

0:39:26.400 --> 0:39:28.960
<v Speaker 1>his life. That's when he went into the business of

0:39:29.080 --> 0:39:34.040
<v Speaker 1>hucking shipball cryptocurrencies on Twitter, which is where ended up

0:39:34.080 --> 0:39:37.040
<v Speaker 1>getting him an in deep shit That's next time on

0:39:37.200 --> 0:39:50.719
<v Speaker 1>Foundering the John McAfee story. Foundering is hosted by me

0:39:51.200 --> 0:39:56.760
<v Speaker 1>Jamie Tarabay Sean When Is Our executive producer. Brodie Ford

0:39:56.880 --> 0:40:01.399
<v Speaker 1>contributed reporting to this episode. Sure thanks to Young Young

0:40:01.760 --> 0:40:06.719
<v Speaker 1>and Eileena Pain for help with production. Molly Nugent is

0:40:06.800 --> 0:40:11.800
<v Speaker 1>our associate producer. Sharif Yosef is our audio engineer and

0:40:12.120 --> 0:40:17.560
<v Speaker 1>editorial assistant. Mark Million and Vandermay and Molly Shoots are

0:40:17.640 --> 0:40:21.759
<v Speaker 1>our story editors. Be sure to subscribe and if you

0:40:21.920 --> 0:40:27.040
<v Speaker 1>like our show, leave a review. Most importantly, tell your friends,

0:40:27.880 --> 0:40:28.799
<v Speaker 1>see you next time