During the course of their investigation, Federal Bureau of Investigation (FBI) agents created an Ethereum-based cryptocurrency, called NextFundAI, with the help of “cooperating witnesses” and used it to “identify, disrupt, and bring these alleged fraudsters to justice,” according to a Wednesday press release. The token, according to court documents, is also a security. A representative for the FBI added that there was limited trading “activity” on the coin but declined to share any additional information beyond what is currently available in public documents, including whether the FBI worked with any crypto companies on the project.
Related posts
-
Gauging The Performances Of Two Crypto Giants This Cycle
Este artículo también está disponible en español. Crypto analyst James has compared Dogecoin (DOGE) and Bitcoin... -
Key Dates For The $16 Billion Payout And Potential Market Effects
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five... -
FBI Creates Crypto Token to Expose Fraud — Seizes $25M in Cryptocurrency, Charges 18
Eighteen individuals and entities have been charged with fraud and market manipulation in the cryptocurrency industry....