The tokens created by the FBI’s “sting operation” brought investigators about $14,500 in profits

PANews reported on October 11 that according to Decrypt, the US Federal Bureau of Investigation (FBI) created an Ethereum token NexF for fishing enforcement aimed at catching market manipulators. This token helped the FBI make a profit of about $14,500. The FBI created NexF's liquidity pool on Uniswap through the fake crypto company NexFundAI and realized this profit by removing part of the liquidity. This action is part of the Department of Justice's extensive criminal case against crypto market manipulation, involving companies such as Gotbit, ZM Quant, CLS Global and MyTrade. These companies allegedly used wash trading to manipulate the prices and trading volumes of about 60 cryptocurrencies.