How the FBI used their own crypto token to catch market manipulators
An investigation into crypto price manipulation led the FBI to create a token of its own, NexFundAI. This video explores the massive federal crackdown on widespread fraud and market manipulation.
The Department of Justice has charged 18 individuals and entities with widespread fraud and manipulation within the crypto markets. This investigation also saw the SEC bring charges against nine individuals and three so-called market makers for alleged schemes to artificially boost asset prices. Central to this operation was the FBI's use of their own cryptocurrency, NexFundAI.
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