RamenPanda|May 21, 2026 02:45
Give FBI a thumbs up:
The FBI has created a fake cryptocurrency . Listing Uniswap. Hiring market makers to frantically pull orders Then arrest all the guys who say 'good' .
This is the craziest law enforcement action in the history of cryptocurrency!!!
The FBI has personally created a genuine ERC-20 token on Ethereum called NexFundAI. The total supply is 100 billion pieces, and the professional official website and white paper claim to achieve passive income through AI driven investment
It looks exactly like any other encryption project on the market - because that is the purpose.
The undercover agent pretended to be the founding team and proactively contacted a professional market maker company, saying, "We need you to help us forge trading volumes
Every company has agreed.
The following is their conversation recorded by the FBI:
Gotbit - a company run by a 26 year old Russian who boasted publicly in 2019 that he started by falsifying trading volumes. In his team's internal Excel spreadsheet, there are really two columns called "fake trading volume" and "real market trading volume".
When the FBI asked them how quickly they could drive NexFundAI's daily trading volume to $1 million, the other party replied, "Six hours, the cost is about $200
200 dollars can forge a daily trading volume of 1 million dollars.
MyTrade - The person in charge claims to be the "mastermind" (behind the scenes operator), and in a video call recorded by the FBI, he personally explained the psychology of fraud:
We want to make the K-line a particularly exciting roller coaster... People only rush in when they see this kind of shape. We must make them lose money so that we can make money. ”
This sentence was recorded by the FBI.
CLS Global (Dubai company) - Their robot manufacturing accounts for 98% of NexFundAI's total transaction volume. The FBI asked if they could synchronize the peak of fake trading volume with fake news announcements, and they replied, "Of course
ZM Quant - Robots execute 10-20 transactions per minute, creating "organic" transactions through dozens of wallets.
All these companies knew it was fraud, but they still did it and the whole process was recorded.
And their clients are even more outrageous:
Saitama - a meme coin with a market value of up to $7.5 billion. The founder coordinated buying through a private Telegram group, manipulating prices while posting "pump it" emojis, and ultimately cutting off individual investors like leeks.
The market value of 7.5 billion US dollars is entirely based on fake trading volume. Every real penny is invested by individual investors attracted by fake trading volume.
After one of the founders left Saitama, he started Robo Inu and continued to collaborate with Gottit; Another one used VZZN again, completely the same trick.
Lillian Finance - the founder claims to be a defense contractor and even spoke in Congress, packaging the token as "funding children's hospitals," but ended up with all the money going into his own pocket.
On the day of the FBI's crackdown, $25 million was confiscated in one go, and 18 people were prosecuted, located in the United States, the United Kingdom, and Portugal. Gottit's CEO was arrested and extradited back to the United States in Portugal, sentenced to 8 months in prison and confiscated $23 million.
But what exploded my mind the most was the following thing:
There are really ordinary people who have bought NexFundAI.
This fake token made by the FBI with zero practicality and zero real developers - purely for fishing purposes - actually made the candlestick super bullish due to fake trading volume, attracting real retail investors to come in.
When the FBI finally pulled out liquidity and ended the operation, those people lost money... on the government's own issued tokens.
The FBI later opened a refund channel and returned the money to these victims.
Even more outrageous is:
Just after the Ministry of Justice announced the action, within 24 hours, someone copied the FBI's smart contract exactly, launched a counterfeit token, and earned $127000 a day by rubbing the viral fever.
The manipulation technique used is exactly the same as the one the FBI just used to arrest 18 people.
In 2026, the FBI did it again, this time called Lexobit, and arrested more than 10 people, including the manipulator extradited from Singapore.
IRS forensic evidence shows that in the transaction records of one of the companies, 1209 out of 1221 consecutive transactions were directly transferred back to their own controlled wallets -99% of which were circular washings.
The FBI has proven through practical actions what everyone in the crypto community knows:
The trading volume is fake, the candlestick is drawn, and the momentum is artificially created.
Every time you rush in to buy coins because the picture looks good, you may be someone else's shipping target.
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