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The FBI issued a memecoin and exposed the scammers.
The fake Lexobit token appeared to be a regular crypto project with a website and a cover story. But its purpose was different: to expose market makers creating artificial demand in the market. The investigation resulted in 10 arrests. The FBI did not specify how many investors were affected or the extent of the damage. This is not the first such experiment: a similar operation was previously conducted with the NexFundAI token.