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FBI fake crypto token sting exposes wash trading schemes – TON BOT

FBI fake crypto token sting exposes wash trading schemes

The FBI’s NexFundAI operation has gained attention after Evan Luthra and Carl Moon revealed that the FBI created a fake ERC-20 token to catch crypto market makers. Undercover agents posed as the project team, attracting firms to fake trading activity. The operation led to charges against 18 individuals and entities involved in wash trading.


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