Through the course of their investigation, Federal Bureau of Investigation (FBI) brokers created an Ethereum-based cryptocurrency, known as NextFundAI, with the assistance of “cooperating witnesses” and used it to “determine, disrupt, and convey these alleged fraudsters to justice,” in accordance with a Wednesday press launch. The token, in accordance with court docket paperwork, can also be a safety. A consultant for the FBI added that there was restricted buying and selling “exercise” on the coin however declined to share any extra data past what’s at present accessible in public paperwork, together with whether or not the FBI labored with any crypto corporations on the venture. Joshua Levy, the Appearing U.S. Lawyer for the District of Massachusetts, mentioned buying and selling on the token was disabled throughout a press name Wednesday afternoon.
