🚀 Big news in the crypto world! The FBI, DOJ, and SEC have launched a major crackdown on crypto fraud, targeting market manipulators. The FBI even created a fake token, NexFundAI, to catch the bad actors in the act! 🎣

Several companies, including Gotbit Consulting and ZM Quant Investment, were caught using wash trading to inflate trading volumes. The SEC and DOJ have filed charges against multiple individuals involved.

This international effort shows that crypto scams know no borders, with suspects from Russia, the UK, and Hong Kong. The message is clear: deceptive practices won't be tolerated. 🌍 #Crypto #Investing #MarketNews