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FBI creates crypto token to catch fraudsters in historic market manipulation case

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by COINS NEWS 59 Views

FBI creates crypto token to catch fraudsters in historic market manipulation case

The FBI created its own token, NexFundAI, to expose fraudulent actors in the crypto market. As a result, US prosecutors in Boston have charged 18 individuals and entities, including four major crypto firms—Gotbit, ZM Quant, CLS Global, and MyTrade—in a criminal prosecution for market manipulation.

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