Security News > 2024 > October > FBI Creates Fake Cryptocurrency to Expose Widespread Crypto Market Manipulation

FBI Creates Fake Cryptocurrency to Expose Widespread Crypto Market Manipulation
2024-10-12 05:06

The U.S. Department of Justice (DoJ) has announced arrests and charges against several individuals and entities in connection with allegedly manipulating digital asset markets as part of a widespread fraud operation. The law enforcement action – codenamed Operation Token Mirrors – is the result of the U.S. Federal Bureau of Investigation (FBI) taking the "unprecedented step" of creating its own


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