498
FBI Creates Fake Cryptocurrency to Expose Widespread Crypto Market Manipulation
(thehackernews.com)
this post was submitted on 12 Oct 2024
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Now if only they could do the same with the stock market. But the conspiracy theorist in me believes that all this manipulation is being done hand in hand with certain arms of the government in order to maintain the government's appearance of solvency and to control inflation in the face of what appears to be nearly unlimited spending. Just keep moving around fake money using a million different utterly opaque methods.
People get convicted of fraud charges all the time. Archegos being probably the biggest non-Trump non-Crypto related cases of late.
It's just that if it's a fraud conviction that's not related to either Trump or crypto (and maybe soon Trump will be convicted of crypto related fraud!) it's not big news.