🚨 THE FBI CREATED A FAKE CRYPTO TO CATCH SCAMMERS AND ENDED UP ARRESTING 18 PEOPLE
The FBI created a fake cryptocurrency called NexFundAI, launched it on Uniswap, and hired crypto firms to manipulate the price and trading volume as part of an undercover operation targeting scammers.
The token had a professional website, a whitepaper, and the usual promises of “AI powered passive income”. It looked like a real project.
The firms agreed to fake millions in trading volume using bots and connected wallets to make the token look like it was exploding.
One firm said they could fake $1 million in daily volume for just $200.
Another admitted:
“We make the chart look attractive so people jump in. They have to lose money for us to make profit.”
The FBI also caught founders of multi billion dollar memecoins coordinating pumps in Telegram while dumping on retail investors.
In the end, the FBI arrested 18 people across the US, UK, and Portugal, including market makers and memecoin operators accused of manipulation and fraud.
The craziest part:
real people bought the FBI’s fake token thinking it was a legitimate opportunity. They lost money when the FBI shut the operation down.
And the next day… someone copied the FBI token, repeated the exact same manipulation, and made $127,000 in a single day.
The FBI basically confirmed what many people already suspected:
a huge amount of crypto volume and “momentum” can be completely fake.
A lot of the time, the chart only goes up to make you buy in… and then scam you.
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