The #FBI created its own #crypto token called ‘NexFundAI’ to take down market manipulators.

A judge unsealed charges against eighteen individuals and entities accused of crypto market manipulation.

On Wednesday, a judge unsealed a wide-ranging criminal case brought by the Department of Justice against eighteen individuals and companies accused of manipulating crypto markets and artificially boosting tokens. According to the complaint, the operation targeted one crypto firm with a multi-billion-dollar market value, and relied on a ruse involving a new cryptocurrency spun up by the FBI.

https://fortune.com/crypto/2024/10/09/fbi-doj-crypto-market-manipulation-fraud-charges/

#fedcoin