Le FBI unveils its own cryptocurrency to unmask market manipulators
IN BRIEF FBI develops a fictional cryptocurrency: NexFundAI. Goal: unmask fraudsters in the cryptocurrency market. Secret operation to target market manipulators. NexFundAI based on the Ethereum blockchain. Four companies identified for fraud and market manipulation. Rise in dubious practices like pump and dump. In an increasingly cryptocurrency-dominated world, the FBI recently made headlines by unveiling its own cryptocurrency, named NexFundAI. This unexpected initiative aims to trap and unmask market manipulators who attempt to defraud unsuspecting investors. By targeting fraud networks on the blockchain, this operation illustrates how institutions…
