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FBI Seeks Crypto Industry Help to Track, Block Laundering of Bybit Hack Funds

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted...

CLS Global Admits to Wash Trading Charges in FBI Undercover Probe

Key Takeaways The undercover operation revealed that FBI agents, posing as scammers, approached CLS Global for assistance in manipulating NexFundAI’s trading volume. As part of the...

CLS Global Admits to Wash Trading Charges in FBI Undercover Probe

Key Takeaways The undercover operation revealed that FBI agents, posing as scammers, approached CLS Global for assistance in manipulating NexFundAI’s trading volume. As part of the...

Polymarket CEO Shayne Coplan’s Home Is Raided by FBI

"This is obvious political retribution by the outgoing administration against Polymarket for providing a market that correctly called the 2024 presidential election," the spokesperson...

FBI Raids Polymarket CEO Shayne Coplan, Seizes Devices

the FBI has seized electronic devices belonging to Shayne Coplan, the 26-year-old CEO of Polymarket, a prominent prediction market platform. This action came shortly...

FBI Arrests Alleged SEC Hacker Linked to Fake Tweet Saying BTC ETFs Were Approved

On Jan. 9, a post on SEC's X declared "approval for #Bitcoin ETFs for listing on all registered national securities exchanges," causing bitcoin to...

FBI Creates and Deploys “NexFundAI” Cryptocurrency in Sting Operation Against Market Manipulators

The FBI created its own cryptocurrency token, NexFundAI, to bait and catch bad actors. The FBI recently revealed a novel tactic in its fight...

FBI Creates Crypto Token to Expose Fraud, Leads to Major Market Manipulation Charges

In a groundbreaking move, the FBI created its own cryptocurrency token, NexFundAI, to infiltrate and expose fraudulent actors within the crypto market. The undercover...

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