FBI Launches Its Own Crypto Token to Combat Market Manipulation

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planktonHero Member
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#1May 13, 2019, 09:51 PM
So the FBI made a crypto token called NexFundAI to catch market manipulators. Wild, right? They really stepped up their game.
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0xAlphaNewbie
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#2May 13, 2019, 11:44 PM
Yeah, it’s about time! They’re finally using smart tactics instead of just playing catch-up. Remember when they tried that encrypted chat thing? That was clever.
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wallet_vaultFull Member
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#3May 14, 2019, 03:00 AM
True! But honestly, this is a big deal. I mean, they went all in to expose these scammers. I wonder how this will change the game.
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#4May 14, 2019, 09:16 AM
They’ve been catching a lot of heat about market manipulation lately. This should help them verify if exchanges are being shady.
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mark.viperFull Member
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#5May 15, 2019, 09:34 AM
Absolutely. I’ve seen so many exchanges accused of inflating their trading volume. It’s crazy how they’ve gotten away with it.
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#6May 15, 2019, 03:07 PM
Exactly! A lot of those smaller exchanges are sketchy at best. If the FBI can clean things up, that’s a win for everyone.
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CryptoBitNewbie
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#7May 17, 2019, 02:15 PM
But what happens to this NexFundAI token after they catch the bad guys? Do they just keep it around or what?
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lynx1337Newbie
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#8May 18, 2019, 01:17 PM
Good question. Maybe they’ll use it again if more manipulation pops up. Or they could just let it die out.
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#9May 18, 2019, 04:51 PM
I heard about three market makers getting charged recently. This FBI move seems like a response to that. They’re finally taking action.
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planktonHero Member
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#10May 18, 2019, 10:10 PM
Smart move, but I bet those manipulators are already figuring out how to avoid getting caught next time.
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nickbullMember
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#11May 20, 2019, 10:20 AM
For sure. Bots are everywhere now, making fake demand to trick investors. It’s a never-ending game of cat and mouse.
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topblastNewbie
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#12May 20, 2019, 10:49 AM
It’s about time they started cracking down on these pump and dump schemes. Some coins have no business being valued that high.
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planktonHero Member
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#13May 20, 2019, 01:18 PM
Right? If a token has zero activity but is still worth millions, that’s a major red flag.
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0xGasMember
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#14May 20, 2019, 06:08 PM
I think all new projects end up working with market makers, so it’s tough to figure out who’s legit and who’s just playing games.
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#15May 20, 2019, 10:13 PM
The fact that they created their own token to catch these guys is pretty next-level. Like, props to the FBI!
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wallet_vaultFull Member
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#16May 21, 2019, 04:13 AM
They’re definitely raising the bar. Guess we’ll see how effective this strategy is in the long run.
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#17May 21, 2019, 09:24 AM
I just hope this doesn’t turn into another failed initiative. They need to make it stick this time.
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dave.apeMember
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#18May 21, 2019, 11:29 AM
I’m curious about the mechanics of how they’re using this token. Are they even telling us everything?
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planktonHero Member
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#19May 21, 2019, 12:07 PM
I doubt it. They probably keep a lot of details under wraps. But who knows? Maybe more info will leak.
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lynx1337Newbie
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#20May 22, 2019, 04:45 PM
Yeah, I mean, how do you even buy this token? It seems like a trap for shady exchanges, not something for regular investors.
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