The FBI secretly created a coin to investigate crypto pump-and-dump schemes

The FBI secretly created a coin to investigate crypto pump-and-dump schemes

Image: The Verge The FBI created a cryptocurrency as part of an investigation into price manipulation in crypto markets, the government revealed on Wednesday. The FBI’s Ethereum-based token, NexFundAI, was created with the help of “cooperating witnesses.” As a result of the investigation, the Securities and Exchange Commission charged three “market makers” and nine people…