Anti-virus pioneer and crypto evangelist John McAfee told in public that he suffers pressure from the US financial regulator due to his activities as a ICO projects promoter.

John McAfee wrote in his twitter that the US Securities and Exchange Commission (SEC) threatened him because he had advertised ICO projects.

"Due to SEC threats, I am no longer working with ICOs nor am I recommending them, and those doing ICOs can all look forward to arrest. It is unjust but it is reality. I am writing an article on an equivalent alternative to ICOs which the SEC cannot touch. Please have Patience."

According to repeated statements by the SEC, almost all ICO projects sell unregistered securities calling them tokens. McAfee categorically disagree with such an approach. He called it rationless and said that he would fight against this approach "with every last breath".

"I will not now, nor will I ever, accept this as a reality. I am submitting, now, to this law, but I will fight with every last breath to ensure that this absurd overreach by the SEC will not stand!! It will not stand!"

This was McAfee's reaction to the statement of Jay Clayton, the head of SEC, who called ICO tokens securities, which are subject to regulation rules of the SEC.

"If you have an ICO or a stock, and you want to sell it in a private placement, follow the private placement rules. If you want to do any IPO with a token, come see us." The SEC would be "happy to help you do that public offering," he added.

In April, eccentric cybersecurity tycoon revealed that he charges $105,000 for each tweet he sends out promoting digital coins or initial coin offerings (ICO). McAfee’s tweets about cryptocurrencies several times caused spikes in their valuation.