this post was submitted on 12 Oct 2024
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486
FBI Creates Fake Cryptocurrency to Expose Widespread Crypto Market Manipulation (thehackernews.com)
submitted 3 days ago by ByteOnBikes@slrpnk.net to c/technology@lemmy.world
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[–] mightyfoolish@lemmy.world 25 points 2 days ago (1 children)

NexFundAI, as per information on the website, was marketed as redefining the "intersection between finance and artificial intelligence" and that its aim was to "create a cryptocurrency token that not only serves as a secure store of value but also acts as a catalyst for positive change in the world of AI."

Even though it's not obvious it was a government run "scam"/operation this website screams scam.

[–] Vilian@lemmy.ca 29 points 2 days ago (2 children)

Every cryptocurrency website scream scam

[–] ours@lemmy.world 2 points 1 day ago

Just like the "Nigerian prince scams". Yes, they are obviously a scam to most of us. But to the few ignorant/naive people who don't, they're the victims worth pursuing by the scammers. We are not the audience.