The founder of MGT Capital Investments and the creator of the McAfee Security anti-virus John McAfee announced his intention to release his own “fiat” currency, the value of which, he said, will be provided by cryptocurrencies.

The crypto-enthusiast named his project McAfee Redemption Unit (MRU). On banknotes with denominations of 1, 5, 100 and 500 MRU, he is represented by McAfee himself, at 10 MRU – one of the founders of the Bitmain mining equipment company Cihan Vu, and at 20 MRU – American businessman Brock Pearce.

“Printed on paper, collectible, on both sides there will be holograms on it, as well as a series and a certain binding to the blockchain. It will be subject to redemption and conversion, ” – described the currency of McAfee.

The currency issue is scheduled for June 24.

Let’s note, John McAfee is one of active supporters of cryptocurrency, known for the loud statements. He earns not less than $105 thousand for each advertising tweet about cryptocurrency projects.

Recall, in April, John McAfee called JPMorgan & Chase CEO Jamie Dimon to capitulate to the cryptocurrency industry.


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