It Takes a Fake Token to Catch a Volume Faker

The other interesting detail: The FBI worked on its own fake token, with a real contract you could track on-chain, called NexFundAI. Its website, which now features a massive “FBI” banner, looked remarkably legit – that is to say, like a lot of other AI-focused crypto tokens making vague but extravagant promises.

Original Source: https://www.coindesk.com/policy/2024/10/18/its-possible-you-shouldnt-tell-journalists-about-your-wash-trading-biz/?utm_medium=referral&utm_source=rss&utm_campaign=headlines