THE FBI SECRETLY CREATED A COIN TO INVESTIGATE CRYPTO PUMP-AND-DUMP SCHEMES

Summary from the TLDR newsletter

The FBI created an Ethereum-based token called NexFundAI as part of an investigation into price manipulation in crypto markets. The investigation resulted in the SEC charging three market makers and nine people for allegedly engaging in schemes to boost the prices of certain crypto assets and the DOJ charging 18 people and entities for widespread fraud and manipulation in crypto markets. The DOJ reportedly secured $25 million from fraudulent proceeds that will be returned to investors.