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 cryptocurrency token and company called NexFundAI.
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…
