THE #FBI CREATED A FAKE #TOKEN, LISTED IT ON #UNISWAP, AND HIRED REAL MARKET MAKERS TO PUMP ITS PRICE.😳
Then they arrested everyone who participated.
Here’s the full story; it gets darker as you read on.👇🏻
👉🏻The #FBI created a real ERC-20 #token called NexFundAI. A total supply of 100 billion #tokens. A professional website. A whitepaper that promised "passive income through AI-driven investments."
It looked exactly like any other crypto project.
Because that was precisely the goal.
👉🏻Undercover agents posed as the founding team and contacted professional market-making firms with a single request:👇🏻
"We need you to simulate our trading volume."🗣
Each and every company agreed. Here are companies that fell for the bait:👇🏻
👉🏻#Gotbit: run by a 26-year-old Russian who literally bragged in 2019 about building a business based on simulating trading volumes. His team maintained internal spreadsheets with columns labeled 'fake volume' vs. 'market volume.'
The #FBI asked them how quickly they could inflate the volume of NexFundAI to reach a million dollars daily. Their response: "6 hours. What's the cost? About 200 dollars." 200 dollars to simulate a million dollars in daily trading volume.
👉🏻#MyTrade: its founder called himself "the mastermind." In a video call recorded by the #FBI, he explained the psychology of the scam without missing a beat:
"We make the chart look like an exciting roller coaster. That's where people hop on the bandwagon. We have to make them lose money for us to profit."🗣
He said it on camera; to federal agents. And he did it with a smile on his face.😳
👉🏻#CLSGlobal: based in #Dubai. Their bots generated 98% of the total trading volume of NexFundAI. When asked if they could synchronize fake volume spikes with false news announcements, they responded: of course.
ZM Quant: bots that executed between 10 and 20 trades per minute across dozens of wallets designed to look organic.
They all knew it was a scam. They all did it anyway. And it was all recorded.
And the clients were even worse.👇🏻
👉🏻#Saitama: a #memecoin that reached a market cap of 7.5 billion dollars. The founders coordinated buys through private chats on #Telegram, sent memes like "let's pump it!" while manipulating the price, and then massively sold their assets at the expense of retail investors. 7.5 billion dollars. A value built entirely on artificial momentum. Every cent of real money came from people who believed the price chart reflected organic growth.
One of the founders of #Saitama left the project and launched #RoboInu. He went back to #Gotbit. Another launched VZZN. The same modus operandi.
👉🏻#LillianFinance: its founder claimed to be a defense contractor who had testified before #Congress. He promoted the token under the premise that it would fund children's hospitals. He pocketed all the money.
When everything fell apart, the #FBI seized 25 million dollars in a single day. 18 individuals were charged in #UnitedStates, #UnitedKingdom, and #Portugal. The CEO of Gotbit was arrested in Portugal, extradited, and sentenced to 8 months in prison, along with having to return 23 million dollars. But here's the part that honestly left me stunned.
The #FBI didn't just catch criminals. They demonstrated something that the entire industry has been discreetly dodging:👇🏻
👉🏻The volume is fake. The charts are manipulated. The market momentum is artificial. And every time you buy a token because 'the chart looks bullish'... You could be precisely the exit liquidity.
#token #bitcoin #Write2Earn #ETHETFsApproved
